AKAO - Achaogen Inc

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by Lonnie Ray, Dec 12, 2016.

  1. Lonnie Ray

    Lonnie Ray Active Member

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    [​IMG]

    Achaogen, Inc. is a clinical-stage biopharmaceutical company. The Company is engaged in the discovery, development and commercialization of antibacterials to treat multi-drug resistant (MDR) gram-negative infections. The Company is developing plazomicin, its lead product candidate, for the treatment of serious bacterial infections due to MDR Enterobacteriaceae, including carbapenem-resistant enterobacteriaceae (CRE). Plazomicin is an aminoglycoside designed to overcome clinically relevant aminoglycoside resistance mechanisms. In addition, its research and development pipeline includes two programs that specifically target Pseudomonas aeruginosa or Acinetobacter baumannii infections: a program to discover and develop small molecule inhibitors of LpxC, which is an enzyme essential for the synthesis of the outer membrane of gram-negative bacteria, and a therapeutic antibody program. Its development plan for plazomicin includes over two Phase III clinical trials.
     

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    #1 Lonnie Ray, Dec 12, 2016
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  2. Lonnie Ray

    Lonnie Ray Active Member

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    This was up pre-market, and just keeps rising. It was trading in the $7s after opening.
     
  3. Lonnie Ray

    Lonnie Ray Active Member

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    Still running.......
     
  4. T0rm3nted

    T0rm3nted Moderator
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    Updated your original post for you with the finviz chart because it updates automatically, so when people open the thread they'll see the most recent chart.

    Be weary getting in a stock like this after a run up like this. Sometimes you'll make a little bit of extra profit (like 14% extra today), but more often, the run will not continue and it will dip real fast when people start seeing their profits from the day before dwindle.
     
  5. User2897

    User2897 Member

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    Waiting for PULM to come down. I just bought 884 shares of AKAO at $16.95!
     
  6. User2897

    User2897 Member

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    It sold for $17.22 AH. Will this close in the $18 range tomorrow?
     
  7. User2897

    User2897 Member

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    This stock is going to come back to the $18 range. If you want to get rich quick, buy this!
     
  8. T0rm3nted

    T0rm3nted Moderator
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    Why is it going back to $18? And I would hardly call 8% getting rich?
     
  9. fidelgeorge

    fidelgeorge Well-Known Member

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    Achaogen sank 10% in after-hours trading after it reported a Q4 loss of -$1.04 a share, a much bigger loss than consensus of -48 cents.
     
  10. LloydWCoutee

    LloydWCoutee Active Member

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    Achaogen's outperform rating reiterated at Wedbush. $28.00 PT.
     
  11. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Back in March this stock was triple its 200 ma. On the lookout for a blowoff top here.
     

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