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FBIO - FDA approval on cancer drug January 6
Anyone know what’s been up with FBIO this past week? I havnt been able to find any news.
Finding Gems in the Biotech Rough: $ATXI, $CKPT, $DERM, $DSS, $FBIO, $MBIO
Finding Gems in the Biotech Rough: $ATXI, $CKPT, $DERM, $DSS, $FBIO, $MBIO
Stocks to watch trading around $1/share: $TLSA, $OLB, $WULF, $FBIO
Promising Stocks around $1/share: $TLSA, $OLB, $FBIO, $WULF
$FBIO, $JUPW -- Two microcaps lifting off from the lows with rising trading volume
Fortress Biotech (NASDAQ:FBIO) Receives New Coverage from Analysts at StockNews.com
63,500 Shares in Fortress Biotech, Inc. (NASDAQ:FBIO) Purchased by Sepio Capital LP
Brokerages Set Fortress Biotech, Inc. (NASDAQ:FBIO) Price Target at $9.60
$FBIO Reports $0.54 per share for Q3FY21, yet price plummets?
$FBIO Interesting price action the last few days.
Fortress Biotech, Inc. (FBIO)- Amazingly never seen this before from Stocktwits
FBIO seems poised for some nice return
7 Penny Stocks That May Not Be Penny Stocks For Long
Mentions
People need to take a serious look at $FBIO. Crazy volume and amazing upward movement so far today. It’s going to be a fun September.😎
NUKK, PMI, and FBIO treating me well so far 🤌
Definitely, might be a good week for FBIO...
$FBIO is looking nice this morning
Buying FBIO on open, good or bad plan
I’m in $FBIO. The September 30th catalyst looks great. The run up should be impressive.
Solid DD, looks like FBIO could pop around that PDUFA. Thanks for the breakdown.
I’m not sure. $FBIO had a strong close on Friday and it is the first trading day of September, so I anticipate it to have a strong start to the week. I don’t really see it dropping from what it is currently at, but you never know. I do think that any drop it may have from its current price would be minimal and difficult to time. I think it’s one of those that you try to get in quickly and ride the wave for a couple weeks to the end of the month.
Definitely not here for P&D, I wrote this one cause I believe FBIO is suitable for a BioRunUp strategy, if you know what it is you might think that too. Have a nice day!
I’m full port on $FBIO, but that’s just me. The company does have a PFUDA catalyst coming up September 30th, though.
If someone read a ticker here and buy it without DD, he is just gambling and know that he will lose money. In any case FBIO is a pretty solid ticker imo, at least till PDUFA. They have enough cash to run for a year without dilution, also after pdufa they can sell FDA priority voucher for 100M or more. I already have a position in FBIO so I hope it goes up even more than now, my hope is 3,5 / 4 $ before PDUFA. Obviously nobody knows future... NFA
Yes. How many people reading this forum are going to know about it? How many have been instructed to cash out before it all goes wrong for them? This isn't a forum of sophisticated investors, the vast majority of people reading are people who are significantly better off not investing at all than trying to dabble in markets. It's incredibly unethical to recommend a ticker to them without clear and explicit instructions on what the actual play is here. None of the repeated postings of FBIO have said that. None have said anything other than the usual ticker spam of rocket emojis and valuation targets that are not related to reality.
I'll repost what I said elsewhere: FBIO is not gonna moon, they're burning cash like crazy getting those subsidiaries up and into phase 2+3. Hypothetically could they be worth a fortune one day? Sure, anything can happen. As is, they will remain a penny bio play until they sell their interest in Journey Medical Corporation for a handsome sum in a buyout. Which, that could actually happen, so you should buy journey instead you'll get more upside and not be in a pharma incubator that is burning cash constantly and unlikely to return long term gains till all of its pipeline reaches maturity and gets sold. Can you wait years upon years for that to happen? If you're in this sub probably not.
Gonna buy a toooooon of FBIO Oct. calls if they’re still this cheap come Monday
People, I've got two takedowns for you here: FBIO is not gonna moon, they're burning cash like crazy getting those subsidiaries up and into phase 2+3. Hypothetically could they be worth a fortune one day? Sure, anything can happen. As is, they will remain a penny bio play until they sell their interest in Journey Medical Corporation for a handsome sum in a buyout. Which, that could actually happen, so you should buy journey instead you'll get more upside and not be in a pharma incubator that is burning cash constantly and unlikely to return long term gains till all of its pipeline reaches maturity and gets sold. Can you wait years upon years for that to happen? If you're in this sub probably not. NRXP has repeatedly failed to show significance in its trials. The thing you have to understand about phase 2/2b studies is that they can give you insight into how well a drug performs even if the overall function is to find safety and dosage for a given treatment. If the dosage they're taking into phase 3 has no great difference over placebo or other drugs used in the study as a baseline measurement then the dose is worthless. That dosage is supposed to be what they're building their entire phase 3 and new drug application around. The primary metric they pushed was a 90%+ reduction in akisthesia. That's nice, great. It's supposed to be treating suicidal depression as it's primary endpoint though so it means nothing. Do not let them flim flam you. In the case of NRXP they've built this entire narrative about ANDA and FDA fast-track. The thing you have to realize is that an ANDA just says their generic form of a drug performs the same as the regular kind. This is nothing. An FDA fast track also, unfortunately, means nothing. Over half of all drugs with a fast track designation will fail. As well NRXP's repeated PR releases about the dangers of Benzethonium Chloride are pure fearmongering. You know why it was taken out of soaps? Because in large concentration it's a skin irritant. They're sitting there putting out these PR releases thinking you won't double check their statements or look behind the curtain. Yet one more PR of theirs designed to inflate the importance of their drug.
Next trading day is September 1st. $FBIO might be a good one to look at.😎
The current market cap hasn't even priced in the full value of company's cash and ownership of publicly listed stocks (FBIO is like a small fund, it has stakes in a variety of biotech companies including about 42% of DERM). Just to reach a 1x assets valuation, it needs to hit a price if about $2.80
FBIO with higher than normal volume and price steadily climbing, just bought in today after reading some posts and doing some DD
FBIO keep going up day after day... pdufa 30sept, also can sell PRV for 100M+... balance is good, so extremely low risk for dilution... looks like the start of a solid run.
I’m eyeing FBIO first, binary date + FDA catalyst usually draws the crowd. AIRE’s juicy for a scalp squeeze, but GEAT feels like a slow grind play.
Nice list. FBIO and NRXP both look especially promising heading into September.
FBIO $2.50 calls super cheap. I bought a few.
have you looked at $FBIO? i have been seeing a lot about it. wondering what you think
FBIO ballz deep & prayin, and lil UTRX Lessgo
What’s the word on FBIO?
NRXP must be Elon's fav ifykyk. FBIO, UTRX both worth small bag
Check out $FBIO. I’m thinking the same thing but it is an actual penny stonk.😎
$FBIO looks to be the play for September. Who else is watching it?
Anyone looking at $FBIO? The information on their upcoming September 30th PDUFA seems really solid. Maybe people rotate to that one after August catalysts are done?
Yes. FBIO has a market cap of about $70 million. That’s a huge revenue of $100 million
Anyone else have their eyes on $FBIO? Seems like this one really might get some legs heading into the Sept. 30 PDUFA decision.
Thank you, can you post FBIO poa please? Pdufa 09/30
OSTX -- not sure why there isn't any traction at all and FBIO for late Sep catalyst
FBIO in 40 days. Buy next dip and thank me later.
$FBIO potential squeeze target. 16 days to cover and uptrend with higher volumes! Worth to take a look!
FBIO (Fortress Biotech) it owns a portfolio of Biotech companies and products ranging from Early-Stage to ongoing commercialisation. Their capital and corporate structure is complex, so the market doesn't really have a good grasp of its fundamental value (plus the market hates biotech). Market Cap is >70m but their 74% owned subsidiary are in with a good chance of recieving a priority review voucher (worth 100m+) in the next 6 weeks, plus their largest subsidiary is launching their flagship product and signalling tipping into profitability. My view is if they hit this upcoming catalyst, it will shore up their balance sheet significantly, giving time for the commercial business to scale up and the pipeline to move further forward. If this happens I could see them rising into the 100s of million market cap range like other commercial/late stage market cap companies over the next 5 years.
My FBIO finally turned green 🥹
Also was watching FBIO for an ER dip today. Earnings missed and the price went up. Just can't win waiting for shares on sale lately.
You buy puts on FBIO? https://preview.redd.it/usqcnbl60sdf1.jpeg?width=1080&format=pjpg&auto=webp&s=335290a40345300842905c16a3621ec2e15e5bee
$FBIO is definitely one to watch if momentum mirrors $MBIO. Low float + shorts scrambling could light the fuse. If borrow dries up, a sharp move isn’t off the table
$FBIO & $PGEN calls. BBB Pharma tax benefits + fda approval coming for first to market treatment for rare diseases = 📈.
PGEN & FBIO. FDA Approvals next couple months for first to market treatments for rare diseases. BBB’s tax benefits for Biotech companies should help the sector as a whole. Not financial advice do your own DD.
agreed. Check my DD on $FBIO instead
While most of the market tanks, I will watch FBIO which is 60% of my portfolio, grind up and up...watch and see
Same here. I’ve been swing trading it for almost a year. CKPT / FBIO have me fascinated as well. SLS is wild. Curious what your take or thoughts are.
Hi there, great question! From their earnings last month: "In May 2024, Avenue announced the last patient visit was complete in the Phase 1b/2a clinical trial of AJ201 for the treatment of spinal and bulbar muscular atrophy (SBMA), marking the final clinical milestone ahead of the anticipated topline data announcement around year-end 2024." It's also listed on Biopharmcatalyst. com below: [https://www.biopharmcatalyst.com/company/ATXI](https://www.biopharmcatalyst.com/company/ATXI) You have to be a member of the site to view it, but here is what it says: AJ201 Spinal and bulbar muscular atrophy (SBMA)|Phase 1/2| Ongoing| Topline Data| [31/12/2024 ET](https://www.biopharmcatalyst.com/company/FBIO/news/240492)Phase 1b/2 last patient dosed completed, noted May 16, 2024. Phase 1b/2a topline data to be reported in 2H 2024.|
ATAI usually drops to 1.01-1.08 in cycles. They don’t do offerings like other companies. Angermeyer founded ATAI btw. They have their hands in a few different companies. Though they recently reduced their position in CMPS. Think of them as a holding company like FBIO is to CKPT and MBIO.
DERM/FBIO went down after PDUFA full approval for a rosacea medicine. CKPT is likely to be greenlit as they’ve had longer term data to strengthen their already strong case (FDA said data is good, just fix the manufacturing issue with the lab). Same issue happened to another biotech with a PDUFA date of Dec 26th of this year. They were approved early last week. NFA, but if you want this long term, don’t wait for it to drop into the low 3’s. The 2.17 price is long gone for now unless it does a weird thing like FBIO/DERM.
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Absolutely: KULR: KULR Technology Group, Inc. (KULR) is currently trading at $0.2909, with technical indicators suggesting a bearish outlook for the day. The stock has been in a downtrend, as evidenced by the 10-day SMA ($0.29713) and 20-day EMA ($0.29527) both above the current price, indicating resistance. The RSI values are below 50, reflecting weak momentum, while the MACD histogram is negative, further supporting a bearish sentiment. Given the lack of recent news and low trading volume, the stock may struggle to break out of its current range. For today's session, consider entering a short position around $0.2920, with a first target of $0.2850 and a second target of $0.2800. Set a stop loss at $0.2950 to manage risk. Confidence in reaching the first target is moderate due to the prevailing downtrend, while the second target carries lower confidence given potential support levels near $0.2800. FBIO: Fortress Biotech, Inc. (FBIO) is showing strong bullish momentum, with the current price at $2.0173, significantly above its 10-day SMA of $1.838 and 20-day EMA of $1.775, indicating a potential continuation of the upward trend. The RSI values are high, particularly the 6-day RSI at 80.29, suggesting overbought conditions but also strong buying pressure. The MACD histogram is positive, reinforcing the bullish sentiment. Given the broader market's cautious optimism and FBIO's recent volume spikes, a long position could be favorable. Enter around $2.00, with a first target at $2.10 and a second target at $2.20, setting a stop loss at $1.90 to manage risk. Confidence in reaching the first target is high due to technical indicators, while the second target has moderate confidence given potential resistance and market volatility. Keep an eye on any news developments that could impact biotech stocks, as they can quickly shift market dynamics. And unfortunately AITX is one of the OTC stocks that we don't currently track but we're making headway with integrating more exchanges!
KULR FBIO AITX Thank you! 😁
Cashed $FBIO $ALDX and $AADI are my new babies Still holding $ADAP and $PBM
$MAXN & $FBIO Let's Go!!
New to options trading, and trying to understand the indicators. If it matters, I am using eTrade as the platform. In the trade below I bought calls for $0.55 which show as being worth $0.47. There is a positive change of 218.8%. I'm assuming that is against a prior period (yesterday?) but I 1. don't understand what the $ Change represents, 2. don't understand a gain of $17k when the Last Price is below my cost, 3. if I Sell Close, the ticker is showing a market of $0.05. Any help interpreting these metrics is appreciated. Thanks. Looks like the group doesn't accept images. I will try to recreate... **FBIO Jan 17 '25 $2.50 Call** **Last Price** $0.47. **Change** $1.20. **Change %** 218.18% **Qty** 100 **Price Paid** $0.55 **Gain** $ 12,000 **Gain %** 215.25. **Total Cost** 5,551.13 **Value** $17,500
What about $FBIO - any idea?
I like FBIO. What sayz you all?
Let the pros do it for you… FBIO… they are acquiring and investing in those that they see the best value proposition if they help them streamline approval.
$TLSA had MORE news today --[https://finance.yahoo.com/news/tiziana-life-sciences-initiates-program-110000977.html](https://finance.yahoo.com/news/tiziana-life-sciences-initiates-program-110000977.html) $FBIO is heading into the bitotech conference season.
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FBIO Helocyte, Inc. Announces Positive Data from Stem Cell Transplant Donor Vaccination Trial to be Presented at the 2023 Tandem Meetings: Transplantation & Cellular Therapy Meetings of ASTCT and CIBMTr
FBIO is up over 80% this month
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FBIO is on the rise and weathered the storm of this week quite well.
FBIO and FSHG because of how well they weathered the storm yesterday.
I’m really waiting on DNN and FBIO. FBIO is my big one though
I like this but I’m more about Fortress biotech (FBIO)
FBIO (parent company)! has had “unusual” options in the past two weeks. Interesting.
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I made a little bit of money off of FBIO in 2021. Ended up dropping it and moving on to another play. I may look at it again.
Just a feeling? Check FBIO
Life savings into FBIO or nah?
Couldn't find anything coming on ORTX in the near term but I do know that CKPT/FBIO are expecting to deliver top-line results from Cosibelimab this quarter (no specific dates given though). That was something they outlined in May of this year. So other than CKPT, FBIO might be on the watch for sympathy whenever they deliver that data.
FBIO being fully bought out by Astra Zeneca! Already up 20 percent after hours!