The run-up will before December. If the drug is that good and the people in-the-know, know the trials are going well this price should hold. There are a lot of well-named funds holding this stock. It's a gamble but the data looks very promising.
My PCIP insurance is no longer being offered after January 2014 and my wife's Anthem Blue Cross insurance program costing $280/mo. is no longer being offered and a new policy can be purchased for $497/mo. My insurance thru Anthem or the CA exchange will cost me $757/mo. For me the ACA is working against me. The only people that the ACA will help is people with lower incomes if the decide to sign up and the insurance companies. The loser are people like myself that worked hard for their money and will pay higher taxes in the long run.