Don't mean anything for TSRX stock. Hype stocks will be crushed (some will stay down and out). Rule for investing - Buy the best stock (TSRX) in an industry (antibiotic) on market pullbacks. TSRX is great stock and Ted beats Zyvox. See today's slide deck.
DRTX dropped down 5% to $8.50 this morning. Dalbavancin did not compare nearly as well with it's IV comparative yet that stock gained momentum off of Tedizolid's recent success. Am I reading this right Kitty?Considering Ted is did much better than Zyvox so far, I expect to catch up to at least previous highs of $8.74
DRTX I saw that. I said, go to quality and truth. DRTX drug is Vanco analog (need an IV and then need to give another IV after 7 days, who will do that). Yes, they pumped off of TSRX, many probably jumped on to ride momentum without doing DD. TED will sell. There are many IV antibiotics that don't sell well, who wants to go back and get another IV in 7 days and risk infection from being near a hospital. TED has IV to Oral, just go home earlier with TEd and save health care dollars.
I made my move yesterday out of flimsy trading stocks to this strong gem. Whew, I am riding this to PDUFA. No worries. Keep buying, we will go back up in time. We were just $7 not too long ago. Buy and hang on!!