the big guns buy in, which I doubt will happen.
for another trial anyways...even if the FDA liked their device.
Going to .10! When it was at .80 I said it was going to .40 2 days ago.
If not then more dilution and stock down to .40!!!
Probably another year to complete the trial if they do have one!
If not....more dilution!
They may not have enough manpower and are focusing on higher priority drugs.
Rumor: Theravance weakness attributed to delayed FDA briefing docs
This should be down the next few days to get back in.
Stock will go up for sure...but not today or tomorrow....
Aways something....Hope it spikes up for me to get out!
Don't worry the stock went straight up when news hit the wire!
only shorts covering....no follow through!
sell first then ask questions later.