At this point in time we should start to see an increase in volume, and the PPS start to climb, not huge movements, but gradual. Leading up to the April 30th PDUFA date, we should see some movement. Don't be shocked if this gets approved prior to the 30th as the science is sound, the company did extra studies, and this will be approved. Mid April is the latest I would put off on owning this if you have any plans at all.
I disagree, it was trading 6.50 in the run up when approval was going to happen in Dec, a sell of with the delay, so there will be an increase in the 20-50% range upon approval. You always have the retail that trades on the excitement of news without understanding. Look at NVGN, $9 on a computer simulation. I do agree that greed will hurt your profit. Anytime a stock doubles, take your money and get out, hanging on will always cost you.
I'm looking for $7.50 on approval, might go up to $9 when pricing comes out. Won't see the $11 that "analysts" are calling for until it proves profitable
another million share purchase just went through, that ought to be a good indicator. That makes 3 big purchases this month. We will see more of these this month, and then all the late comers next month.