The Lupus drug phase-III results (Bliss52) should be released some time next month, I hope in the first two weeks. Then the phase-III (bliss72) results for the same drug just tested for a longer time should be released in November of this year. So if your long then you would like to see good results next month and again in November. If we get good result next month the stock should pop. Good results in November the stock should pop even more. But then it usally takes 8 -16 months to get the FDA to approve anything after the complettion of a phase III. Plus the company could have really good phase-III and the FDA could still say no. Take care,
When dumb longs ask questions like these, it makes me soooooo happy, this stock will be going down hard when this moron realizes the Co. hasnt even announced the P3 results yet and there is less than 20% chance of approval. So, enjoy the current ride up, it gives me better opportunity to short later.