I am almost even in one single day of trading! I thought Christmas was a few weeks ago? Must be a ton of shorts covering to see this type of action on only marginal good news.....Go ARNA!
almost a double in less than two days of trading for news of a drug that is ay least 2-3 years out? I am happy that I just hit my break even @6.18 but am wondering if I should sell a few so I can average down when this settles out some.
I could not find your post but I did indeed dump one half of my shares @6.20 (made a whole .o2 cents whippy!) I feel this is just too much of a run not to fall back at least to 4.50 range. If I am wrong I still have half my shares. Thanks
I asked my Doctor about Belvic too when I had my appointment last month and he said that he had only one patient on it and that the drug was just far too costly for most of his patients. 300.00 per month I believe. I wonder what the cost is for Contrave? I sold half my position today @6.20 so I will be able to average down if needed when this comes back down.
Good news is coming..! This is a 5years growth stock that will make any long a huge return. 2015 will be the year for plug!
I did the same as you with 100 Jan 2.00 and lost it all.. I bought those when the stock dropped to a buck. Sometimes options work but for me most of the time, I lose. GLTU
Here is hoping we get a nod from the FDA and this pops to 4.00 next week!
Good reply Sauve9
What do you make of todays price action and how low do you think this might retrace to?
Appreciate the input. I had been stuck for so long with a 6.18 average yesterday I sold half my shares @6.20 so I could the money to possibly average down as I did not feel the gains would hold. With the good new in the pipeline, I am not thinking this will fall under four dollars again.( but I sure could be wrong!)
I was out the past few days goofing off and now I see we finally got approval and we sit at 1.38!!!! Are you kidding me! How high did this spike? I just can not believe it! I am so vexed!
Only 1.69 on the yahoo chart. That is all? How is that this is trading below 1.40? I thought we would see a solid 3-4 for the floor after FDA. This really sucks.
Thanks. Was it halted? I thought it would be much higher than this now. Guess I will just have to wait all in all great news and a gift @1.35!