Seeking Alpha

Don't look now, but momentum stock Intercept Pharma is rallying again

When it comes to momentum stocks, Tesla is a pipsqueak compared to Intercept Pharmaceutics (ICPT), whose shares are +523% YTD, by far the top performing component in the Russell 2000; the second biggest gainer is Furiex Pharmaceuticals (FURX) up a piddling 132%.

Shares went parabolic in early January on positive news related to its liver-disease therapy and then came back to earth, but they have been climbing higher in recent weeks; ICPT retook $400 yesterday and the rally continued today, with the stock jumping another 5%.

ICPT has 45 employees and no products on the market, but its market cap is now ~$8.2B.

From other sites
Comments (9)
  • optionsexpert
    , contributor
    Comments (324) | Send Message
    I know you meant $8.2B but I'm showing capitalization at $7.3B.
    27 Feb 2014, 07:04 PM Reply Like
  • IPOChaser
    , contributor
    Comments (62) | Send Message
    No, its currently 8.2 BILLION
    27 Feb 2014, 07:04 PM Reply Like
  • optionsexpert
    , contributor
    Comments (324) | Send Message
    Hm. Telechart is incorrect. It is $8.2B.
    27 Feb 2014, 07:08 PM Reply Like
  • sandyseeworld
    , contributor
    Comments (22) | Send Message
    Watch out for that class action lawsuit that's pending!!
    27 Feb 2014, 09:02 PM Reply Like
  • lamsa
    , contributor
    Comments (4) | Send Message
    The lawsuit news has been out already and the stock continues to move up! :)
    28 Feb 2014, 12:54 AM Reply Like
  • Yu2014
    , contributor
    Comments (2) | Send Message
    You should buy Genfit / ALGFT instead. Its GTF505 product hasn't any side-effects and seems efficient (see preclinical and clinical results). End of phase 2b = october 2014.
    Genfit is still very much undervalued.
    28 Feb 2014, 11:05 AM Reply Like
  • katface
    , contributor
    Comments (32) | Send Message
    To make the highly leading statement that the writer concludes with, without including any related facts, feels unethical. Am making a note of writer's name so I do not click on any more of .. whoops no name given. Just SA.
    28 Feb 2014, 12:49 PM Reply Like
  • herbs4mike
    , contributor
    Comments (2079) | Send Message
    bought some puts down in the dirt (150)..... lets gamble for a month. cause if it drops, it will be like a hot potato....
    28 Feb 2014, 12:50 PM Reply Like
  • MD Research
    , contributor
    Comments (208) | Send Message
    There are reasons a stock rise and fall. In the short terms, who knows what those reasons are. In the long terms, it's always been fundamentals. Let me know if you guys want me to publish my full series articles on Intercept. Dr. Tran
    28 Feb 2014, 05:25 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs