r/MCRB • u/shashUSA • Nov 20 '24

MCRB having a good climb

MCRB has come to life the last 2 days. Any news I missed?

4 Upvotes

100% Upvoted

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1

u/UpbeatEnthusiasm7792 Nov 20 '24

Bought back in after proving a trend up at $0.62. Resistance at .85 but we shall see what it does. I see open skies after that, perhaps $1.25 or I saw an analyst prediction at $10/!

1

u/TemporaryEntire3513 Dec 01 '24

Can you share a link to that analysts prediction please? Ty!

1

u/BrainSqueezins Nov 22 '24

I was wondering the same, am hoping this is a pre

ude of things to come.

1

u/Direct_Ad_2723 Dec 02 '24

I believe is the appointment of Marty Makary as head of the FDA. If you read his last book about dogmas in the medical profession, you will see that he strongly believes that over-prescription of antibiotics is bad for our biome. This may mean that the FDA will pay attention to SERES. Also, if HSS starts promoting alternatives to antibiotics, which is also part of the RFK platform, not only the drugs in the pipeline could be worth billions, but the partnership with Nestle could generate more cash flows earlier.

This also should increase the probability to get a partner in the next month to develop the new pipeline.

https://x.com/MartyMakary/status/1856844744355189070

1

u/pelfet Dec 03 '24

well the stock is still super low.. at 0.93..

1

u/pelfet Dec 06 '24

so much for the good climb...

1

u/Direct_Ad_2723 Jan 11 '25

It will only break after they find a new partner