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CPRX - Catalyst Pharmaceuticals: Continued Launch Success To Drive Upside
Catalyst Pharmaceuticals Inc.
Shares of Catalyst Pharmaceuticals (CPRX) have risen by 30% since my May article noted that the panic selling on FDA approval of Jacobus Pharma's Ruzurgi appeared overdone. I certainly failed to nail the bottom, but despite this surprising move by the regulatory agency, much of the long thesis appeared to still be intact.
The stock popped back on my radar via daily scans, as the chart shows that May's gap is likely to be filled in the near term. A recent article by a relatively new contributor to Seeking Alpha, Illumination Capital, deserves