I'm bummed because they said that NDA would be 1st half of 2014. If they thought they would do first quarter, they would have said that, but they didn't, so they clearly don't think they can make first quarter, so that means first half, which is anything before July 1. That means almost a full YEAR before anything material happens here with this stock.
How very disappointing. I will be the first to admit that I had my hopes up for early AA. Never did I ever think that they wouldn't even file for NDA for almost a year. Then, follow that up with the AP reported 10-month average review time and we are at May 1, 2015 before the FDA is done with them, and that is without any delays.
Even WITH AA, apparently they have to file the NDA first, which again is sometime before July 1, 2014, and only then can they even attempt AA. This is a bad situation that is far beyond any of our worst expectations.
If you are one of those who want to proclaim that my expectations were unrealistic, then save your breath. My expectations were what they were, as were the rest of the markets. I didn't trade 13M shares the day of the CC so save your breath. The stock continues to trend downward.