agreed...also, even we get CRL which is worst case scenario realistically, we still have the EU submission and milestone payments which is worth the current market cap itself. Unfortunately, this is the casino bet we are in---good luck.
Again, I urge folks to look at David Chungs linked in history. Also, the two prior departing officers were replaced the next day, so it was planned. I am not saying this will give us approval, but I will say departing officers overblown.
ooof 50% chance approval? I would say the science of it all lends me to think 80-90%, but perhaps big pharma and big politics against pain meds weighing in to kill it
at: adamfeuerstein: theory or reasons behind 36% short of float in $acrx? Hedge? Betting against?
at dirtystock: $ACRX shorts focused on recent mgmt turnover suggesting lack of confidence in FDA approval and/or commercial launch.
I say "big dea" , not really! David Chung was only there 10 months and hasn't been at the last 3 jobs more than 1.5 yrs. Look at linked in and you cant blame him for want to be CEO
who really knows, but someone that is happy at this point
Mainly, there was a huge bid at 10.35 since pre-market. once we hit 10.35 it has moved up.
tv - some of us still here...I have a core holding that is "free" profit. I also have been trading the heck out of this thing lately..so much that I am worried that I may have to abide by day trading rules. lol
This is one theory I posted on here and SA. Financing twice below 6.50 and 3, why not hedge for 100% gains? They have the shares to cover with.
I'm kind of thinking a lot of the short interest are hedges with shares from the 3 and 6 dollar offerings two years ago. So it may not be a bet against the approval, but just locking 100-160% gains
agreed researcher33, in fact, you will see that Acelrx has a job opening posting just for REMS management with the FDA. Just go to careers on the company website and it is the first opening
nor did it include ARX04 which is slated to begin Ph3 by end of year. Even bigger market outside of post op.
rips? not too many. volume so low but perking up lately. I hope it stays here another week and I am going to double up with another 7000 shares
yup, we should be included in the daily nasdaq large volume spike report which is good for some new attention and buyers
yeah I am prepared for massive fluctuation IF (if and only it -im not jinxing this) this gets approved. However, I am going to hold on to a big chunk and play with trading shares. IF APPROVED, Acrx will become a major takeover target