Elemental
Long

Breaking out of the flag

NASDAQ:CEMP   CEMPRA INC
39 0 0
3 month flag setup and it's finally stepping out of that trend today. We should see it head to around $40, pullback a little bit, and then breakout for new all time highs. Alternatively, a more optimistic look would be "W" pattern and it breaks out when it hits $40 without the pullback.

Approval for Solithromycin is expected in mid-2016. At $1.6B market cap, it is still very undervalued for what is one of the most important antibiotics that will be approved this decade. Peak sales estimates have been up to $2B/year worldwide, and will likely be more if other indications are added. This why I believe management will not consider a buyout until after the NDA has been submitted later this year and any offer will need to be at least $125 ($5.5B) to $200 ($8.6B) range to match the sales/pipeline potential.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out