The announcement of the Adcom-Meeting date and the Q3 results will take this undervalued stock to a new 52 weeks high. We will see 30 bucks by the PDUFA decision in April 2014 at latest.
Sentiment: Strong Buy
don't get so excited, i don't expect this move more than 2 to 5% on any good news.
too many short sellers sitting to short this company for some unknown reason.
may be they know something which others don't
there were 5 M shares shorted at $6 and below last year at this time. and still think they is something that we don't know. they are playing with other people money as if its casino chips.
What is the adcom meeting?
It's the advisory panel which will give advice to FDA regarding the acceptance of the BLA. SNTS expects this panel to take place in January 2014. Bur the announcement of the date will move this stock.
We shall see even more than $30 but not every one of us will be eager to see it by that time....