Agree as well. Let the FDA be your friend. It always makes me nervous to see a situation like AMRN that files a NDA without having the FDA involved every step of the way. ACAD is in no way another AMRN but you can see my point here.
ezvestor, I am also grateful for your post on Friday. A great article that gave us a great rebound today. Thanks so much
I started the day sitting on 31,000 shares and feeling like I am going to see another bad performance since the first pre market indication was yesterdays close !! I sold 10,000 at 24.50 and put in another 10,000 to sell at 24.75 (which got executed later after stock went back up to mid 24.80's) I am keeping 11,000 "core shares' but am out of this stock until we see something other than Cramer and Seeking Alpha and others creating wild fluctuations. I do not trust #$%$ Cramer and believe another "sell biotech" warning is coming soon. I am so grateful for the pop today and am afraid it will be down $1.50 justr as quickly. Look at the crazy action in CLDX. Charting this stock is impossible !! You NEVER saw todays pop coming.
@gamesmaster "The entire market is in a sell mode"
Now just how do you figure that with the S&P at record highs ?
Are you talking about the last hour of trading ??
Are you a smart investor who took $ off the table at $29 or are you stupid but trying to act smart ? You sound like Cramer after the slaughter last month