I am a trader, but also an investor. I will tell you I added more shares and did not sell a single share today.
As a trader, I like the recently daily volumes, especially today's steady volume before the weekend which is a good sign. Also, I saw a few big hidden buy orders in today's action that indicated smart money are still trying to get in.
AVNR will go up more in the after hours and will gap up next Monday.
Good weekend to all,
Toasty, still strong sell? go borrow more shares and short them to me at below $3. haha...LOL
"If ultimately approved by the U.S. Food and Drug Administration (FDA), the market for Avanir's drug candidate Zenvia could reach $500 million to more than $1 billion at its market saturation. Zenvia is in phase III clinical trials, with the prospects of commercialization reaching approximately 90% following successful completion of this phase of development."
Don't be toasted if you are a short. Told you, I shorted stocks more than you thought. But I am definitely a buyer in this stock.
Again, thanks to Michael for telling me to come here!