Hello Tax: First welcome to the AVNR message board. Secondly like your good self I also want the PPS to go up and STAY UP.not just for a short while. As if myself and a good many others here have not waited long enough. If you get a moment take time to read the PR in relation to the spikes in the PPS you may find it of interest. August would be a good starting point..
As for trying to read something bad into what is being said, rest assured on this occasion I’m simply putting forward the shares were basically free issue and not bought, please correct me if I’m wrong.
Good luck to all us Longs and a speedy favourable result for us big time.
Remember these words, "unmet medical need and first in class". If Avanir has good to excellent checks in all FDA, NDA catagories. And the only issue is QTc, than we will get the pass. Why, because it is a nonissue based on the FDA's guidance. Provided that Avanir performed the required safety studies and had good results. They did and the results are good.
As in the FDA's guidance they will factor in the "unmet medical need first in call ', factor. I believe that will catapult us to approval. All IMHO. If this was poker on ESPN, you would should be all in based on risk reward.
Taxdemicco, It is bullish, but like you said they get rewarded if the price moves up, but at the same time if YOU buy 40,000 shares right now and things dont work out and it goes down you lose money because yours were not free! Dont get me wrong im Bullish as hell on this stock and i also think its going to be approved!