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re: Akebia Therapeutics (AKBA)- Vadadustat FDA Approved AT LAST!!

Posted on 3/4/22 at 2:10 pm to
Posted by bayoubengals88
LA
Member since Sep 2007
24743 posts
Posted on 3/4/22 at 2:10 pm to
quote:

JP Morgan hit piece... how the hell do I keep getting stuck in these 'sure things' that get manipulated to hell

I take that as a good sign.
Posted by Hussss
Helena, AL
Member since Oct 2016
7803 posts
Posted on 3/4/22 at 3:30 pm to
quote:

I take that as a good sign.


Exactly. They are already a Top 10 shareholder.

JP Morgan Chase & Company 4,432,203 Dec 30, 2021 2.53% 10,016,778

They just want more cheap shares. She is moving in after hours.

Have a good weekend everyone.
Posted by Hussss
Helena, AL
Member since Oct 2016
7803 posts
Posted on 3/9/22 at 10:26 am to
I guess JPM didn’t follow their own advice….. who would have thought they were lying (once again).
Posted by WDE24
Member since Oct 2010
54853 posts
Posted on 3/9/22 at 2:17 pm to
You sell any more today? I’m trying to stick to my plan to start selling some at $3.00, but it’s hard not to lock in some gains with as volatile as the market is. I’m expecting a pull back tomorrow and Friday, but still think it runs a little before the end of the month.
Posted by Hussss
Helena, AL
Member since Oct 2016
7803 posts
Posted on 3/9/22 at 6:29 pm to
Still holding a core position in AKBA which is 50% of my original investment in it.

Posted by bayoubengals88
LA
Member since Sep 2007
24743 posts
Posted on 3/10/22 at 8:51 am to
quote:

I’m expecting a pull back tomorrow and Friday, but still think it runs a little before the end of the month.

Good call. I don't typically play around.
I'll add more if we see 2.55 and more at 2.38
Games aren't likely to be over.
Posted by bayoubengals88
LA
Member since Sep 2007
24743 posts
Posted on 3/25/22 at 10:08 am to
Our big day is Tuesday!
Posted by WDE24
Member since Oct 2010
54853 posts
Posted on 3/25/22 at 10:11 am to
A little surprised it hasn’t popped a bit heading into Tuesday. I was thinking it would be around $3 or so pre decision day.

There is still time, I guess.
This post was edited on 3/25/22 at 10:12 am
Posted by Caymus
Houston
Member since Jul 2015
1224 posts
Posted on 3/25/22 at 10:59 am to
What are the chances of approval?
Posted by bayoubengals88
LA
Member since Sep 2007
24743 posts
Posted on 3/25/22 at 11:00 am to
quote:

What are the chances of approval?

If they weren't good, I wouldn't have invested.

The same drug has been approved and used in Japan for 18 months with no issues.
Posted by jerryc436
Franklin
Member since Jan 2014
634 posts
Posted on 3/25/22 at 11:13 am to
Bought 400 shares. Hope it does as well as AUPH has done for me.
Posted by bayoubengals88
LA
Member since Sep 2007
24743 posts
Posted on 3/28/22 at 10:13 am to
The price action today is the most bullish sign yet IMO.
Posted by bayoubengals88
LA
Member since Sep 2007
24743 posts
Posted on 3/28/22 at 5:38 pm to
I’m not sure how anyone can disagree

4x normal volume and it moves .02
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
37056 posts
Posted on 3/29/22 at 3:27 pm to
So where is our decision
Posted by bayoubengals88
LA
Member since Sep 2007
24743 posts
Posted on 3/29/22 at 3:37 pm to
quote:

So where is our decision
I never thought it would be during market hours.

I’d guess between 6:00 and 10:00 PM tonight.
Possibly even pre market tomorrow.

The FDA is a bit behind, but not much!
Posted by jmcwhrter
Member since Nov 2012
7995 posts
Posted on 3/29/22 at 3:49 pm to
AUPH was 5 or 6pm, right?
Posted by bayoubengals88
LA
Member since Sep 2007
24743 posts
Posted on 3/29/22 at 4:23 pm to
Yes, on a Friday of all days.
I’ll be quite interested to see what happens if approved because the decision is based on two indications that bring unbelievable potential to a sub billion dollar company.

If we gain just 20-40% tomorrow I’m holding onto this one. It’s also tough to say if Butler, the CEO, will want another offering.

Needless to say, I’ll be listening to any conference call trying to get a feel for what the future will look like.

Trading at less than 4x revenue right now.
This post was edited on 3/29/22 at 4:28 pm
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
37056 posts
Posted on 3/29/22 at 4:53 pm to
quote:

I never thought it would be during market hours.

I’d guess between 6:00 and 10:00 PM tonight.
Possibly even pre market tomorrow.

The FDA is a bit behind, but not much!


I used to be one of the guys sitting at the agency waiting on the decision and then working through the night updating launch materials and running them through MRL (assuming it was an approval).

Times: FUN [NOT FUN]
Posted by bayoubengals88
LA
Member since Sep 2007
24743 posts
Posted on 3/29/22 at 5:09 pm to
With your experience do you think this could be a runner on double approval? Or would we have to wait a few quarters for sales?
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
37056 posts
Posted on 3/29/22 at 8:26 pm to
I honestly haven't done any research on this company or the drug itself, just bought a couple hundred on a flyer. And while they negotiate label language in the meetings running up to PDUFA, they don't know the exact and final language until approval. Did they submit for two indications?
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