they don't stop trading a stock because a drug fails
my broker says it's probably some technical thing they didn't file or something pertaining to updating the agency. If a drug fails, they have to announce that and then the stock drops like a rock. At least, I hope he's right and that this is just some glitch in their filings.
surely, the company wouldn't be so upbeat if failure is the case. who knows? If it's some filing thing they can correct...I'll buy more, if not, another one gone down the drain... hope not.