It's an opportunity to opt out of their position or for someone to establish a position at a discounted price. I can see this on Monday opening up higher than what it closed at today at 5.79. I,ve seen ton's of people opt out of their shares after hours to find out the next day it opens much higher. Management will be taking care of their loyal longs!! If the shorts came out in full force after hours today.(which i would say they did) means nothing. They shot their wad for NADA. It's where it closes that counts. 7 bucks or more next week
Sure it does, just like when a stock is up big after hours, it means it will be strong on the open. I do think that most of the pull back is over though and likely it will move back up to the mid 5's on Monday.
I sure hope your right. I have studied bio tech a little, but am still a NB. I have no experience in an after hour approval in a bio, and a price drop this size. Wishing.........................For a Better Monday. Reassurance at 8:00 is a nice way to end the day.
This is real. I also lost money here. The approval comes with several post approval conditions.
When stock does not go high on approval, that s it for now, until some positive news come..If we reach $6 I bail out, if little below will also bail out..Lost a bundles in May...
Next good Stock in Jan CLSN. seems good phase III results, may propel it to $17-$20...but anything can happen.