I am actually quite pleased that we have not seen a run up ahead of the news in October. Building a base here at 4.50 feels like we are just adding in more rocket fuel for the FDA decision. Past PDUFA dates that are game changers to small caps will eventually get the traders buying since we are only 6 weeks away from the news.
These next few weeks should be fun for all the longs who have had the patience to allow management to launch their pipeline and execute their long term strategy. We will be breaking through our all time high by October. Book it!