Mirati Therapeutics: How Much Higher Can This 'Rocket' Go? [Seeking Alpha]
Mirati Therapeutics, Inc. (MRTX)
Last mirati therapeutics, inc. earnings: 2/25 08:00 am
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US:NASDAQ Investor Relations:
ir.mirati.com/node/5806
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Source: Seeking Alpha
Summary The shares of small oncology concern Mirati Therapeutics have shot past $50 recently, less than a year after we first recommended the equity at $5. The stock has been bolstered by a couple of events over the past few quarters. How much higher can Mirati go? We revisit this Busted IPO 'rocket' in the paragraphs below. Find a purpose to serve, not a lifestyle to live .” ? Criss Jami, Venus in Arms It is hard to believe it has been less than a year since we first recommended for a small purchase within a well-diversified biotech portfolio an emerging oncology concern named Mirati Therapeutics ( MRTX ). The stock was traded right at $5.00 a share when that recommendation came out late last July. The shares have been on an amazing rocket ride since that time as can been seen from the chart above. The equity looks on the way to be one of the rare 10-baggers one can occasionally find in the 'Busted IPO' space. Two month
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