The following are my predictions for Monday: 1] The Press Release will take place at 7 A.M. 2] The drug will be "approved" with certain labeling restrictions. 3] Mgt. will use the 9 A.M. conferance call to clarify the labeling issues. 4] The stock will trade between $8.50 and $12.50 during the day with a closing price of $10.50 on a volume of 8,500,000 shares.
agreed.Press release at 7AM on Monday stating drug is approved with small labeling restrictions.2) then the drama starts between 7AM to 9AM 3) general CC on the marketing plan etc etc at 9AM followed by some q&a.4) close in the range of 20 to 25No bads news today = a positive start for Monday.
wowdetailed...the price AH should reflect where it should be if they got an approval with condition (~7.60) if coming Mon, a surprise with no approval, zoom! we are heading to 6I don't think there is any chance we got an approval w/o condition..