This stock has been on my radar for the past 2 weeks. Was kicking myself for not getting in sooner. Can you long time followers give me your thoughts on where you think the pps might go today? I'd like to get into it but must set my buy limit before heading into work. Thoughtful responses appreciated.
Thanks for your inputs. I shot a little low and missed early this morning but managed to pick up a nice chunk in the mid afternoon for 3.025. Should be good for at least a 30% pop on Europe news..if good
I doubt it will be back to even but agree that this is min or AND a good business decision. They did say in las conf. that they would prioratize two other trials. I did buy some at 2.74 earlier then sold at 3.04. Just bought some again 2.94. These buys and sells do not affect my core position and I have calls for 2.5 oct and 3.0 april that are still in the green though just barely. I'd think today we maybe see 3.15 but long term is very positive In my opinion
Your entry point should only be as a short. European Dacogen approval for elderly AML is already priced in. The company announced today it is discontinuing its most important drug after s110. The stock is guaranteed to sell off after European approval/rejection is announced next week. Plus, the company is run by a mope who has squandered millions of Dacogen revenue over the years. The street hates him.