I sat thru torture yesterday hoping for HGSI approval-we got it, and the friggin stock sunk today! So don't be too optimistic-in this crazy world-u may not get rewarded for your approval. Just saying.... congrats though.
Yeah good news doesn't seem to mean much for biotechs these days ... they usually sell the news. It makes me sick to my stomach. I could've sold HGSI in afterhours yesterday for 29 bucks, and now look at it. People always say afterhours doesn't mean much. What I've found is when stocks trade way up in afterhours on news, they usually never get any higher during regular trading the next day, and sometimes even tank. It's better to take the good profits in afterhours because you never know what will happen the next day.