FDA said that they will issue their denial around 5/29. The company cannot comment until then. Between now and the 29th is a free for all looting of the greedy retail investors.
Glad I'm tied up in another stock today and didn't short this, it is definitely ob my short list for tomorrow.
I've been short every day and closing out at the end of each day. Here at $16 is a good short
Please Google "The Onion FDA Placebo Approved". Your sides will be hurting before you finish reading the article.
-FDA will not issue their response until 5/26.
-Stock will drift down 20% during the week.