Analyst keeps Buy rating for Cara Therapeutics despite trial disappointment https://seekingalpha.com/news/3276550?source=ansh $CARA Apparently some failed clinical trial
Hard to call anything a pullback for bios if it's not the hugs ones. They're just so volatile that anything can happen +/- 50% in a day is possible. Cant really apply the same TA that you would for other sectors.
Can Cara Therapeutics Stock Bounce Back? Cara Therapeutics lost over half of its market cap in less than two weeks. Can the stock recover? https://www.fool.com/investing/2017/07/11/can-cara-therapeutics-stock-bounce-back.aspx Played this today and was not able to break resistance which doesn't mean it won't do it tomorrow. But going back a few years and don't remember the exact month but know short player Steve Cohen picked up a stake back in 2015 when i was in this, and seemed like it took forever for stock to break & stay above $10 but he doesn't stay in plays too long & believe stock started moving north once he was done, but think i remember reading something about him taking another stake in 2016 and then yet another one this year and will check SEC filings to see how much he still has... Know WTW was another one that didn't move much until he was done playing so if he is in this then might be stuck in this range for awhile! Adding - looks like he only has about 50K left https://www.sec.gov/Archives/edgar/...117020662/xslForm13F_X01/form13fInfoTable.xml
Broke resistance but... Cara Therapeutics Announces Summary Data From Phase 1 Trial of Oral CR845 in Hemodialysis Patients with Chronic Kidney Disease - https://finance.yahoo.com/news/cara-therapeutics-announces-summary-data-110000974.html
Wow - not trading today and looks like i may have been wrong about CARA - nice move and will be on watch next week!
CARA always performs great when I take it off my screen. Let me know when you go long, Ill remove it from my screen and you can make money! Its the perfect plan!
Posted in Daily thread this morning - up nice today. PT raised - $30. -$34 - Analyst Ratings https://www.marketbeat.com/stocks/N...m_source=GeneralSocialMedia&utm_medium=Social
Some action here before the bell. Ive got an alert set for a move over $14 which is a bit of a longer term resistance that has been in place.
Just took a shot on this one. Going to try to play the bounce off the support line here. In at $12.14:
Only 31M shares floated, about half that (14M) traded in just one session 2 days ago. Harami yesterday, moving up today.
ValuEngine upgraded Cara Therapeutics. Cara is evaluating an injection of CR845 in a phase-3 clinical study targeting treatment of chronic kidney disease-associated pruritus (CKD-aP) patients.
