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Orexigen Therapeutics, Inc. Message Board

  • aosjdhdjduryffjfjfj aosjdhdjduryffjfjfj Apr 1, 2010 8:47 AM Flag

    The FDA decision and insider selling of OREX

    Orex stock will either crater or soar under these 2 scenarios.

    SCENARIO 1- If the FDA does not approve Contrave, Orex
    stock will go from 5.50 to 80 cents in minutes.

    SCENARIO 2- If the FDA approves Contrave for distribution, Orex stock goes from 5 to 15 in minutes.

    One side note, massive insider selling, 5 million shares,
    the last 2 weeks leads me to believe the FDA will not
    approve contrave making OREX stock worthless. Whomever this Powell guy is must not think Contrave will get approved or
    why else would he unload 4 million plus shares ????

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3.46+0.01(+0.29%)Sep 23 4:00 PMEDT