I have also been hearing for days about mfg approval for Calcitrol. What is going on. Wasn't this submitted around April 1 last year? It should be a slam dunk to get mfg approval. I don't understand what the hold is all about
What I don't understand is why didn't they just go with the original approved manufacturer and then shop for someone cheaper to produce it? We could have had sales, what a year or so ago? I think it was Vast, who said he heard Chioini say Calcitriol would be sold 60% under market and still supply 90% profits. Vast, can you confirm? Everyone blames the FDA for the delay, but how many quarters must go by before we really find out what is going on? Shopping for bottom pricing has turned out to be very expensive IMHO.
Taking out the small investor that had small gains and was told to stop loss them to protect.. plays right into the hands of the MM they love to eat up cheap shares.. You are correct no buyers no news low volume continue to slide..