Exchange: NASDAQ·Updated 07:30 PM EDT
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GLUE Monte Rosa Therapeutics Inc

$10.60
$0.11
(1.01%)
Today
Closed $10.76
$0.16
(1.49%)
After Hours
EarningsNov 5
Mkt Cap$917.97M
Vol1.35M

About GLUE

Monte Rosa Therapeutics, Inc. operates as a biotechnology company, which engages in the developing of precision medicines. The company was founded on November 21, 2019 and is headquartered in Boston, MA.
39

Bearish Sentiment

How do you feel about GLUE?

CH_Expat
$GLUE Needed to sell as I need funds for buying more IDYA soon like a degenerate after the yearly traditional ESMO fake selloff. Undervalued still by a lot. "PROFIT" here is just enough to prolong my OF-Suscription. Good luck guys.
4
Windy007
$GLUE 7:41 PM UBS assumed coverage of Monte Rosa Therapeutics with a Buy rating and price target of $19, up from $17. The firm believes the company's MRT-8102, a first-in-class oral NEK7 protein degrader in development for chronic inflammatory diseases, is differentiated versus both IL-6 antibodies and NLRP3 inhibitors. UBS expects investor appreciation of the atherosclerotic cardiovascular disease opportunity and MRT-8102's "differentiated profile" to increase over the next 12 months.
4
Snackdaddy
$GLUE from 10.75 to 10.17 is basically a red day. just sit on this and pick up maybe 9’s but could see $8 end of year
1
1
LabPsycho
$GLUE If you are playing with house money thats great. I think we see another 30-40% price drop / sell off for most of these biotechs by Christmas. I also see a snowball effect on many of these that drifted down all year going off a cliff for no reason...thats the time to think about buying. As posted many times, I see a lot of shortages / chaos / forced control coming, none of it good for biotech. On the other hand, Well timed buys and sells in the meantime might help one gain a quick 8-10% on bounces (for example, maybe GLUE next week) but look at these GLUE CCCC even faves TNGS and ERAS - the trend is down. Look at the slopes of the selling and the concommitant volume - I think there is a ways to go. Good luck.
1
1
LabPsycho
$GLUE Nice bounce, esp. if perfectly timed = 14% in a few days but 3, 6 and 12 month chart look bad IMO. Is bounce because of" short covering, mostly finished tax loss selling the ole cliche 'somebody knows something' sucker rally before next leg down, something else?
1
Valueforall
$GLUE interesting take. That is quite a drawdown if you believe it could get that low. Where do you see 30-40% drops coming from?
1
bullwink
​ $GLUE $NVS $RHHBY $AZN $MRK Market is oblivious to Monte Rosa Therapeutics. Totally insane valuation for such an innovative company with lucrative partnerships and advanced pipeline. Cash on hand is $7 per share. That mean the entire company is now valued at $3 per share or mere $250 million that includes 1. Novartis partnership - Up to $5.7 Billion total potential development, regulatory, and sales milestones 2. Roche partnership - $2 Billion+ in potential future milestone payments 3. A Leading AI drug discovery platform - QUEEN 4. 3 very promising drugs in development (2 in phase 2, 1 in Phase1)
2
LabPsycho
$GLUE - I would like to see a plateau of a couple weeks and volume average daily under 500k for that period. Good luck
2
Valueforall
$GLUE I did a lot of research this weekend and read all the post history by our resident expert here and think he has some valid points but also feel we are in need for a huge washout before another big boom. So at current prices be prepared for more sales but buy that mudhaphuckin dip biznitch!
1
Valueforall
$GLUE all possible. But when you load the dip big you can peel off some here as it girates and buffers.

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