Sorrento Therapeutics, Inc., (SRNE 3.05) a clinical stage biotechnology company, primarily engages in the discovery and development of therapies focused on oncology and the treatment of chronic cancer pain worldwide.
。SRNE is up nearly 90% today on 40X average trading volume, this is a show of tremendous interest by investors on this stock.
。SRNE rejected two $3 to $5 per share range buyout offers. SRNE board think this price range is significantly undervalued the company. SRNE believes its immuno-oncology products have short- and long-term value and has said it is in advanced discussions with other biopharmas for collaboration and licensing of its products. Higher take over price offers may be coming in.
。SRNE owns a 25% equity stake in Celularity, a biopharma start-up created with help from Celgene and United Therapeutics, that's valued at approximately $1 billion. Considering SRNE is only about$220 million, its price can easily double.
。Analysts consensus 1 year price target is $24.50, a near 800% increase from today's price.
。Estimated next year EPS is +60% and average +37% for the next 5 year.
T。echnically, SRNE broke above 200 day moving average at $2.69 and filled gap to $3.2 from end of June 2019. Next resistances are 4 and 6.5. Support is 2.69.
Sorrento Therapeutics,Inc.(SRNE 3.05)是临床阶段的生物技术公司,主要从事发现和开发专注于肿瘤学和全球慢性癌痛治疗的疗法。
。SRNE今天以40倍平均交易量上升了近90%,这表明投资者对该股票表现出极大的兴趣。
。SRNE拒绝了两家公司每股3至5美元的股票收购要求。 SRNE董事会认为该价格范围对公司价值极度低估了。 SRNE认为其免疫肿瘤学产品具有短期和长期价值,并表示正在与其他生物制药公司就其产品的协作和许可进行深入商讨。可能会有更高的收购价格提议。
。SRNE拥有Celularity 25%的股份,Celularity是一家在Celgene和United Therapeutics的帮助下创立的生物制药初创公司,价值约为10亿美元。 而SRNE今天的市值只是2.2亿美元,这可以导致SRNE的股价很容易的翻番。
。分析师综合1年目标价为24.50美元,较当前价格高近近800%。
。估计明年每股收益为+ 60%,未来五年平均为+ 37%。
。技术上,SRNE突破了200日移动平均线2.69美元,并填补了2019年6月底造成的缺口价3.2美元。下一个阻力位是4和6.5美元。支撑位是2.69美元。
This blog follows the US stock market daily. Free market news, market comments, stock charts, stock and options buy/sell suggestions are provided throughout the day.
Monday, November 25, 2019
Feeling Lucky? try SRNE 觉得幸运吗?试试SRNE
Contact Email: tradeideablog@gmail.com
U.C. Berkeley graduated, former electronic/computer engineer turned investment advisor / analyst. In the market 42 years with focus in market timing, learned from experience to trust charts,combine with trend, valuation, news and investors sentiment in making trading decisions,, knowing anything can happen to the market so very flexible to trade both sides of the market. 1992 CNBC/USA Today Investment Challenge professional options division champ with 3 month return of 1125%. In real life trading accomplished 9600% return by trading TZA options in the course of 3 months, doubled account value in 3 months by trading 3X ETFs. Now retired and enjoy trading stock and options daily. On going partnership with Sing Tao Daily and Sing Tao Radios in offering advanced stock and options trading classes semi-annually.
联系Email:tradeideablog@gmail.com
伯克利加州大学毕业,前电子/计算机工程师转为财务顾问/股市分析师。 在市场42年,专注于参与市场时机。从经验中学到信任图表,结合趋势、估值、新闻和投资者情绪做出交易决策。知道任何事情都可能发生在市场上,因此非常灵活地参与买涨及做空,参与市场的两个方向。 1992年CNBC /今日美国日报投资挑战赛专业期权组冠军,3个月回报率为1125%。 在现实生活中,通过在3个月内交易TZA期权获得9600%的回报,通过交易3X ETF在3个月内使账户价值翻倍。 现在退休,享受每日交易股票和期权。 与星岛日报和星岛电台合作,每半年提供一次深入的股票和期权交易课程。
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment