Reata Pharmaceuticals Inc (RETA)

+++ #DDAmanda Chart on: $RETA :

DDAmanda lets you find these early:



Z

RETA $166 +53%

The company will pay $172.50 per share in cash, which represents a 58.9% premium to Reata's last closing price.

$RETA
https://finance.yahoo.com/news/biogen-buy-reata-6-5-112140525.html

feel like 100$+?break soon

RETA 1.6M Registration filed.

Fade is quite likely. Possibly tomorrow (Wednesday). By EOW, at least.
MG

They have 420 million cash on hand and 180 million in debt, my personal belief is if no offering tomorrow pre market and by the looks of it nothing has been filed recently for anything related to shelf offering, if nothing by open, this could hit 120 tomorrow. Lots of puts out there, people are betting against the company for some reason, they think this company is going to throw an offering. We will see how it plays out tomorrow. I am bullish and I think this will top out between 120-130, now if they bring in Baker Brothers like MD*GL did, then I think it might even hit 175 dollars fade off from there. Goldman Sachs price target after the press release 185.00 dollars, Citigroup price target $120.00

probably not because we arent in

dino is do it will go to $110+

Wonder if offering is gonna drop

RETA could be the next MDG*L. In with 700 shares at 86.00

It got down low last week when the FDA head of neuroscience resigned.

I followed RETA a lot when they moved over 200 per share. Good company. Never should have been 30 a share.

Goldman Sachs have a price target of $170 today. Incredible.

Wild. I was gonna buy some calls after seeing this but never did. Would have made bank. Congrats.

Thanks. The company will have trouble growing this medicine line however.

RETA And good morning IPO. Nice win on RETA!

(I thought I was responding on my home board. Celebratory wine last night)

What's our next bio victim, folks? :)

Shorts hurt'n for cert'n, though prolly from 45ish than 30.

I suspect a sell-down as only a 5,000 US patient base.

May put some sink orders in..

Good morning G2, Ske, DG and all!

Let's make it happen again, today!

CONGRAT$ 75-90 THIS MORN


ANY SHORT MUST BE GOING CRAZY

Yes if they were short.

Puts will be worthless in the morning. Cash to account.

FDA approval!!! Bang!!!

RETA My story. What's yours?

RETA Thank you for the news, G2G! I was in and won bigly! Hope you did, too.

Good evening, G2G, DG, Ske and all. What a day!
My sister, who is a saint, but more intense than police working you in the small, cement interrogation room for a possible double murder, called late last night and got me all riled up. So this morning my head was spinning like a top.
But I seemed to have ploughed through the day successfully, as follows:

I started at 9:35 AM and traded until about 1PM, a little late for me. One of the things I did was lay in 40% of the position size in RETA that I day traded yesterday.
I only took a small amount because I'm playing for average this year. Not swinging for the fence at all. But I felt a small position was remediable if I whiffed.
I somehow made two afternoon deliveries in the rugged mountains of West Virginia and a cold call (prospecting). I was going like I did when I was a twenty something food salesman on the road. Now I'm approaching a septuagenarian food salesman on the road :)

Tossing the crates of honey back on the truck after my second delivery, I jumped in the cab and punched up Fidelity to see if RETA passed FDA. Well, wifi positively sucks lemons in the WV mountains! But I did see RETA was halted so I still had time to act- if I could find decent wifi. I ended up in a Taco Bell with pretty horrible wifi itself. Bid-Ask resumed at 5:50 PM and trading at 5:55. After watching the circle of doom too long, I finally got on at 5.54:55! I couldn't fick around with such a poor wifi connection so I went right out of my position.

Yesterday's RETA DayTrade: In @ 30, out @ 31.45 for a 4.83% win
Today's RETA Day Trade: In @ 30.05, out at 82.88 (It passed!) for a 176% win!

I did all this with a broken tooth/exposed nerve and no pain killer.

My account is up approximately 35% YTD, which extrapolates to approximately 217% per annum.
41 closed positions: 39 green, 2 red
15 open positions: 9 red, 6 green



Good night folks. Got to go find my lodging tonight.

Tomorrow we do it again!

MG

https://www.bing.com/videos/search?q=you+tube+music+It+don%27t+come+easy+George+Harrison&view=detail&mid=E06DC281F7EA7044ACAAE06DC281F7EA7044ACAA&FORM=VIRE

seems like hedgies will have to return the lambos after this

Boing

Ticking higher. $30 puts should expire worthless.

The $20 puts have a lot of premium

There appeared to be securities fraud today with the stock decimated on no news. If they knew the FDA head was resigning before he announced it today, then they got ‘em.

I heard. That should have no direct effect on approval though.

Apparently it is because they were expecting FDA approval tomorrow and the head of FDA agency just resigned.

Just bot at 30. Hope I want it.

How could a stock dropped 30% and there be no news on the street?

Up today!

Up pre mkt

Moved cash into mkt debt securities. US TBills paying 5% yield is great.

Cash shrank in q4

Emphasis of a matter in EY audit opinion.

10-k issued.

Up strong today.

Will co get FDA approval on 2/28/2023?

What am I missing?????

Alport syndrome is estimated to affect approximately 1 in 5,000-10,000 people in the general population in the United States, which means that approximately 30,000-60,000 people in the United States have the disorder.

Can someone explain something to me. This is 100% of what RETA was being valued at? So let me get this straight. Analysts were valuing this stock all based on this one drug that approximately affects 60K people in the US and valued the company at 250 X 36.4M = 9 billion???? Then the drug doesn't go through and now the value is 1 billion. Please. Someone please for the love of Pete explain that to me.

Bought in at 85.00 im looking good for now

Ladenburg Thalmann Financial Services is a German Company who posted the $290 target. Way to rich in my opinion; need the revenue stream first. Happy to see it though, I am holding.

Currently $32M in sales, $7.5B Market cap, 230 Price to Sales. It certainly has high hopes the two NDAs will be successful and prompt commercial roll-out possible.

Saw this on another board, do not recognize the company. Also do not see this price target listed/updated yet from firms covering this stock.

Laden $RETA: Two NDA Filings, BARD and OMAV, Expected in 2020; Buy and Raise PT to $290

Great future here in my opinion
$RETA

Phase 3 Cardinal Successful Outcome

Company announces Ph 3 results. Sucessfull endpoints achieved.

https://www.investors.com/news/technology/reata-stock-tumbles-despite-positive-results-kidney-disease-test/

CEO just on CNBC discussing recent trial data . Said MOA may apply to other nervo - degenerative diseases like Parkinson's , Alzheimer etc
Kiwi

Thankya!

Congrats ... you have been in RETA for awhile .
Kiwi

$RETA Reata Pharma (RETA) announces registrational Part 2 portion of MOXIe Phase 2 trial of omaveloxolone in patients with FA met its primary endpoint

https://www.streetinsider.com/Corporate+News/Reata+Pharma+%28RETA%29+announces+registrational+Part+2+portion+of+MOXIe+Phase+2+trial+of+omaveloxolone+in+patients+with+FA+met+its+primary+endpoint/16007416.html

I think we hit 200 tomorrow or thursday