It's already priced in and the EU doesn't approve $300,000 drugs!
If EU denies, the stock may gap down huge and it will become a STRONG BUY for me
If EU approves, the stock will gap up huge at 930am the following day, and then fade down all day long, and hence it will become a STRONG SHORT for me to play that fake gap up and fade down
So as a daytrading short, I am rooting for EU approval.
Sentiment: Strong Sell