Zogenics makes Zohydro...a pain medication. An article this morning says some addiction prevention and treatment groups are urging the FDA to NOT approve this drug because of fears of overdosing.
I'm hoping to hear that ACRX has considered this and that the fear that the fear about Zohydro will be limited to Zogenics.
He won't answer that question, and only shows up to tell us it's gonna go down after the fact, or a day or two early.
It's easy to see the moves until the news proves you wrong and you get caught.
If you hold a core position and trade the ups and down on extra shares then you can make gains trading.
It all depends on any news when it comes and how many shares you're in for when it goes up or down.
I personally will not invest any more than what I am prepared to lose, and will only buy on major dips below 10.80
Great! That's what I was hoping to hear. Been in ACRX for almost a year...I don't have the onboard radar others seem to have, so I don't jump out then back in...afraid of missing the train. I think ACRX is a multi-bagger long term or to buyout.
Thanks for the info