I wish I was smart and add when it was at $20. Was kind of running out of cash at the moment... will see what price I can get this morning... Hopefully not start out above the $39 I bought... I guess it doesn't matter... it is expected to go over $80 over the long run... the FDA approval just gave me the confident that my original belief is right. It can now justify its price when you know they finally will actually generate revenues in predictable near future.
I bought the stock May 2015 at $39. May 2016 it is sitting at $32. My money was halved on the way down to $20, and finally back to $32. My experience has not been pleasant in the past year... I sure hope it will double as they said with this FDA approval. I never anticipate ACAD would drop to $20 when we know the drug would most likely get approval... you just never know how crazy people manipulate prices out there.