RETA (Reata Pharma)

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RETA (Reata Pharma) Nov 6, 2017 13:11:07 GMT

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Post by Deleted on Nov 6, 2017 13:11:07 GMT

Currently trading about $29. I've been holding a position for about 6 months. This morning, Citi analyst just said: "its time to believe" in this stock based on newly released data and gave a $78 target. Currently 8 analysts following RETA, 2 with buy ratings and 6 with strong buys.

stcks Eternal 6 rules of successful biotech investing-"RESEARCH, RESEARCH, RESEARCH, PATIENCE, CAPITAL & RESEARCH" Posts: 3,850 OPKO Investment: Long Sentiment: Bullish Recommendation: Hold Sept 30, 2015 15:29:56 GMT	RETA (Reata Pharma) Nov 6, 2017 13:46:04 GMT via Tapatalk Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by stcks on Nov 6, 2017 13:46:04 GMT Boy! 40 to 19 to 28 one year. It was down 6.6% at one time Friday. Finished down 5%. Why would I want this stock? Maybe if I got it at 19.
	6 rules of successful biotech investing-"RESEARCH, RESEARCH, RESEARCH, PATIENCE, CAPITAL & RESEARCH"

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RETA (Reata Pharma) Nov 6, 2017 13:56:37 GMT stcks likes this

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Post by Deleted on Nov 6, 2017 13:56:37 GMT

Nov 6, 2017 13:46:04 GMT stcks said:

Boy! 40 to 19 to 28 one year. It was down 6.6% at one time Friday. Finished down 5%. Why would I want this stock? Maybe if I got it at 19.

Stocks with small float are often volatile. RETA is very small, with 18.6 million shs outstanding and about 56% held by insiders and institutions. So only about 46% is trading, or about 8.6 million shares.

The small float not only makes it volatile, but, with one significant FDA approval, could lead to many times the current price.

Deleted Deleted Member Posts: 0 Apr 18, 2024 10:29:04 GMT	RETA (Reata Pharma) Nov 6, 2017 13:59:28 GMT stcks likes this Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by Deleted on Nov 6, 2017 13:59:28 GMT stcks: And, just to put it in another perspective, OPKO trading from about $12 to $6 in the past year, "why would you want that stock", quite a bit of volatility there. Maybe somehow you didn't notice.

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Post by Deleted on Nov 6, 2017 13:11:07 GMT

Post by stcks on Nov 6, 2017 13:46:04 GMT

Post by Deleted on Nov 6, 2017 13:56:37 GMT

Post by Deleted on Nov 6, 2017 13:59:28 GMT

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