Do we continue to climb next week or get beat down again?
I think we rise and the beat down is over for now. Will see Monday. I'll a long term holder. Thinking we either get approvals next year and rise or get bought out. The data looks strong and compelling with a huge market potential. My gut tells me we get bought next year for $20.
The biotech beat down has stopped in the US. It will be transferred to Europe, where the biotech share price has suddenly been moving up. You can smell that shorts are taking positions in Europes' biotechs right now.
Share price of acrx will move up to at least $11.6 where the capital raise has been done. With NDA news, Europe partner new, or arx-04 military grant news, expect the share price surge above the 52 wk high.
this is one crazy stock. big swings up and down day after day. will pop and find somewhere to settle on NDA acceptance IMO, but not until then. you are right its a fantastic stock for 2014 so these prices are still good