achn on the way to spur dramatically upward also fda approval imminently
achillion undervalued at this level is forging ahead to pierce next month its previous highs ... while the fda approval is imminent next month or before .. a ashort squeeze will strike with ferocity and be so painful to shorters ...
fasten your belts for the ride
Undervalued - yes , FDA approval - not likely. It does not matter however. They are moving on without it as mentioned in the earming realease and then the conference they attended. If the FDA approved I agree this would pop as it would help confidence however I don't think they really are depending on it. If the FDA do not approve I think it will create a great chance to add to your positon. This is still a good longer term play.Or day trade between 2.66 and 2.9.