Already on the move... September 23, 2024 | [Read Online]( FDA Approval Could Boost This Stock! ð¥ Already on the move... â° Set a reminder to join me LIVE @ 11am EST today as I review my top trading ideas for the week in the [Market Masterâs Trading Room]( GM! Jeff here again. I had an awesome time trading last week, with all five of my small-stock âtactical tradeâ ideas landing on target. Within a few hours, they saw gains of 70%... 30%... 40%... One of them even saw a whopping 200% move in the pre-market two days after I wrote about it. Iâm betting on another green week for the markets as investors continue processing JPowâs half-point relief. As promised, Iâm looking to extend my win streak today with another âtactical tradeâ idea: Go ahead and pull up Citius Pharmaceuticals Inc (CTXR) right now. Youâll see that after a drawdown last month that extended to the first few weeks of this one, the stock had a strong bounce to close the week up 14%: I strongly suspect this is only the beginning of a larger rally, and I think that will be confirmed if we see the stock break $.58 this morning, which has been a resistance level from last week⦠If it breaks above upper resistance near $.70, we could be looking at something really huge. On the downside, I think a break back below the $.50 support level from last week is a key area to watch. This could be a very big day for CTXR â Make sure it is on the top of your watchlist! CTXR itself is a late-stage biopharmaceutical company with a diversified pipeline and several near-term catalysts. The New Jersey-based company is set to completely transform the standard of care in patients with infections stemming from Central Venous Catheters (CVCs). If its lead candidate, Mino-Lok, is approved â and thatâs looking increasingly likely â it would be the first and only FDA-approved antibiotic lock solution for salvaging CVCs. That may not sound like the most exciting thing, but it would actually be a really huge deal. For those who donât know, CVCs are thin tubes that are inserted into large veins in the chest, neck, or groin. Theyâre used to provide patients with medications, fluids, and nutrition and for regular blood sampling. Every year, 7 million CVCs are used in the U.S., and 4 million of those are long-term, meaning they get used longer than a month. Each year, [approximately 500,000]( of these catheters become infected, resulting in conditions known as central line-associated bloodstream infection (CLABSI) and catheter-related bloodstream infection (CRBSI). The standard âcureâ for CLABSI/CRBSI is for the patient to take a round of antibiotics and have the CVC removed and replaced. The problem is it is extremely painful and traumatizing to remove/replace a CVC, and it can interrupt care for the patientâs underlying condition⦠(Many of these patients are extremely vulnerable â undergoing chemotherapy, ICU patients, etc.) [One study]( found that 57%â67% of patients had adverse physical and psychological symptoms from CVC removal and replacement, with 32% experiencing moderate-to-severe symptoms. Itâs also very expensive, costing approximately $10,000 and the overall CLABSI/CRBSI treatment can cost as much as $65,000. CTXR is hoping to replace this lackluster standard of care with Mino-Lok, an antibiotic solution intended to actually salvage infected catheters. Mino-Lok has gone through a complete Phase 3 trial and the company [reported]( topline results on May 21, noting that it had achieved the primary endpoint and several secondary endpoints with very high statistical significance. Citius CEO Leonard Mazur said the CTXR is âextremely pleased by the strong results,â and that the company is preparing the full data analysis, then will meet with the FDA to discuss the path to NDA submission and commercialization. The company [estimates]( the potential market for Mino-Lok at more than $1 billion in the U.S. and $2 billion globally. CTXR recently completed a spinoff of another lead asset, LYMPHIR, into a wholly owned subsidiary named Citius Oncology, and that subsidiary [merged]( with a SPAC on August 12. CTXR holds approximately 90% of the combined company, which operates as Citius Oncology, Inc. (CTOR). A few days prior to the merger, LYMPHIR [was approved]( by the FDA for the treatment of adults with relapsed or refractory cutaneous T-cell lymphoma (CTCL). CTCL is a rare form of non-Hodgkin lymphoma that afflicts roughly 3,000 new people each year, and the overall market for it is [estimated]( at $300â$400 million. I donât need to tell you what a huge deal FDA approval is, and CTXR CEO Leonard Mazir [said]( the plan is to launch LYMPHIR before January 2025. CTXRâs third major âshot on goalâ is Halo-Lido, âa proprietary topical formulation ⦠that is intended to provide anti-inflammatory and anesthetic relief to individuals suffering from hemorrhoids.â Halo-Lido had a very positive [Phase 2b trial](, and Citius is now planning on an end of phase II meeting with the FDA to discuss the next steps in the regulatory and clinical development program. If all goes well, Halo-Lido would be the first FDA-approved prescription product to treat hemorrhoids, a market Citius [estimates]( at over $2 billion in the U.S. alone. In February, Simply Wall St. [wrote]( that âCitius Pharmaceuticals is bordering on breakeven, according to the 3 American Pharmaceuticals analysts. They anticipate the company to incur a final loss in 2024, before generating positive profits of $1.2m in 2025.â [emphasis added] That was before many of the incredible successes I just mentioned. Citius insiders [show strong faith]( in the company too, with co-founder and CEO Leonard Mazur investing $22.5 million of his own money directly into the company, and with co-founder and Executive Vice Chairman Myron Holubiak investing $4 million. I love companies where management has that type of âskin in the game.â Analysts are bullish too: - H.C. Wainwright [reiterated]( a $4.00 BUY rating in late May - EF Hutton [issued]( a $6.00 BUY rating on July 15 - Maxim Group [reiterated]( a $4.00 BUY rating on August 15 Those price targets represent potential upsides between 600% and 950% based on Fridayâs closing price. Spend time right now doing your own research on the stock, and of course, always approach your trading in a responsible manner. Trading is very risky, and nothing is ever guaranteed, so never trade with more than you can afford to lose. Please read the full disclaimer at the bottom of this email as well so you are aware of additional risks and considerations. Always have a well-thought-out game plan that takes your personal risk tolerance into consideration. Bottom line: CTXR has a strong pipeline that included its recent, first-ever FDA approval. MINO-Lok and Halo-Lido could also transform the standards of care for their indications. We saw the stock have a strong initial rebound last week, and I strongly suspect it will continue if we see a break above $.58 today. Pay close attention to CTXR today, and letâs see if my red-hot win streak continues⦠To Your Success, Jeff Bishop P.S. Make sure you join me and over 1000 traders in the [Market Masterâs trading room]( today for live trading signals and education. You can access it at no cost right now. Questions or concerns about our products? Email Support@ragingbull.com © Copyright 2022, RagingBull *Just so you know, what you're reading is curated content for which we have received a monetary fee (detailed below) to create and distribute. Let's be clear that investing can be quite the roller coaster as stock prices can have wild swings up and down, so consider those crucial risks before you ever consider trading anything we discuss. Make sure you check out our full disclosure down below for the details on how we were paid, the risks, and why these results aren't what you'd call âtypical.â Just a quick heads up about this ad you're readingâas weâve said, even though we like the company referenced above, and all the facts we discussed above are true to the best of our knowledge, we are running a business here. To distribute this information and help offset the costs of maintaining our large digital audience, in advance of writing the content above, we received twenty five thousand dollars (cash) from Sica Media for advertising Citius Pharmaceuticals for a one day marketing program starting on September 23, 2024. Previously, we received twenty five thousand dollars (cash) from Sica Media for advertising Citius Pharmaceuticals for a one day marketing program starting on July 11, 2024 and also fifteen thousand dollars via ach bank transfer by Lifewater Media for advertising Citius Pharmaceuticals for a one marketing program on March 9th, 2023. These amounts were paid by someone else not connected to Citius Pharmaceuticals. It might be obvious, but whoever paid for this might own shares and is likely looking to sell some or all of them at any time after we send out this information, which might affect the stock price. We may also buy or sell shares in the company at some point in the future, although neither RagingBull nor its owners own any shares of the company at this time. Also, keep in mind that due to the sheer size of our audience, if even a small percentage of people decide they want to buy this stock, it could potentially boost interest enough to hike up those share prices and cause a temporary spike, and the opposite is possible as our program ends, though that is not always the case. Now, diving right into Citius Pharmaceuticals might sound exciting. But remember, itâs like venturing into the wildernessâbe aware that there's exceptional risk involved in trading. This isn't small potatoes we're talking about; you could lose every dime you put in, so always carefully think about what youâre doing. Thatâs why they call this trading, after all. We're shining a light on the good stuff about the company here, but it's on you to do your homework, make your own calls, and determine a plan for your own trading, hopefully with the help of your professional 1nvestment advis0r. Oh, that brings us to another crucial pointâwe're not here to tell you (or even recommend) what you should do with your hard-earned money. Weâre simply sharing our non-expert thoughts by highlighting some companies we like that could use some help telling their story to more people. Weâre obviously biased in our writing. Weâre not here to dig into anything that may be negative about the company; this is advertising, after all! Also, keep in mind that if we make some predictions about the future, these are technically known as âforward-L00king statementsâ under the securities acts, so take those with a grain of salt. 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