With the stock at this level, I get the feeling we're close to an approval. But, if the approval doesn't come soon, I get the feeling this thing is going to tank because it isn't just going to sit here at 41.
I have to agree. I was assuming we would see the option players manipulate the stock this week...we shall see. I rolled the dice with 2000 DNDN and got lucky, sold on the open. I still think long term Obama will retard the drug sector. Socialism doesn't foster big profits and pharma is in the cross hairs.
DNDN? Wow. Nice one. I think if the announcement doesn't happen this week for AMAG which seems likely, we'll get smashed next week. I have to look at it this way-it'll just be an opportunity to buy some longer term calls on the cheap.