Trying to remember back to my experience with ECYT last year, we need to see it listed in Oral Explanations to know it's getting close to a decision. As long as the 120 day questions haven't been answered it's not going anywhere.
since it's under this section of the agenda "3.4. Update on on-going initial applications for Centralised procedure" my guess is it's an update on their application. Not a decision
But we'll have to see what the OI is tomorrow. I also see 500 of the 20's on Yahoo and not on Schwab. The only activity on Schwab are the 32 10's traded
I don't see it on Schwab and I believe them more than Yahoo. There is no bid for the 11's and an ask of .05 which makes sense for a stock that would have to have a 10% increase in one day to be in the money
You are spreading false info, nobody has bought any May 15 $11 calls today. There is an open interest of 3374 contracts however.
Think of it this way, instead of buying low and selling high the idea of shorting is to sell high and buy low.
And there are 33 million shares short or twice the retail ownership. Wonder where the shorts are going to find the shares to cover?
Maybe but it makes more sense to Re balance as the price goes up. If it goes down you can always up back in. Hogs get slaughtered.
I was in at $9 so I sold 1/3 of my position to get my money out plus a profit working on the theory that hogs get slaughtered. I don't mind taking profits. Plus ECYT had a track record of not holding premarket gains over the 2 years I had held the stock. Unfortunately I got back in after the secondary and before they pulled the EMU application. I've since traded and made some of it back and still have my full position which I'm going to hold for news on the trials.
Unbelievable a thumbs down for posting historical information. What makes that deserve a thumbs down, you don't like facts?
If you sold at 37 it wasn't last May it only hit that price in premarket on the day they got EMU approval, think it was March 25 2014
Actually it did, I sold some at 38 in premarket and it went to 41 and change in premarket. I agree it opened around 34 in regular session and went down from there. It's also been on the market since 2/11 so it's in it's fifth year