They sure are making a lot of Presentations in September based on their website "Event Calendar". Maybe they're preparing to announce something?
I was able to buy another 750 shares at $13 this morning. I could tell the markets were going to turn when AAPL started wobbling to the positive.
I also thought that was a possibility after watching the Cramer interview. The CEO was very non-promotional, unlike other CEOs that appear on that program. It almost seemed like the interview was scripted, and re-iterated many comments made in the February interview.
I imagine much of PTN's float is already tightly held after looking at the historic volume over the past couple of months. I wonder if it has the potential to reach the all time high of $8.75 (pre-reverse split) over the next few days.
The $1 billion buyout of Sprout by Valeant was a done several weeks ago. Obviously, it was contingent upon FDA approval of ADDYI. The reporter mentioned there were other Big Pharma bidders interested, and Sprout agreed to go with the highest offer.
It makes me wonder who might be talking to PTN, and will PTN now seek FDA fast track status for bremelanotide?