Have seen this so many times before take a look at the historical charts of all the big biotechs, seems like they always have a massive downward move right before huge news/skyrocket north. wall street cheats are at it again...double down
i'm also wondering if people like you realize that people who actually have the power to move the share price, look at the chart. I never said that anything was guaranteed or that this isn't a great company or that it won't go higher in the long term, its technically overbought right now and i think you can make money on the downside short term. when it does pull back under 100 there might be some panic dumping, at which point i'll setll my puts and go long. Its called trading, and the big boys do this every single day.
hey i've been long this stock forever but it made a pronounced double top two days ago, made the same head and shoulderesque move last year at this time and it went from 70 to 48. short term there's a pullback, i'm buying puts now and when it goes back to 95 i'll sell them and go long for the approval run. It is what it is, don't kill the messenger