What scares me now in the bio's is that the risk to reward twisted highly in favor of the shorts.
Holding long, you risked an 80% loss to get a 6% loss. If you were short it was an 80% gain vs. a 6% gain.
If the odds remain like that they're going to have to go somewhere else to steel, cause we're all gonna be broke.
Crazy things are happening on PDUFA with all of these bio's lately. I'm beginning to think that the bio's
are just a place the hedges go to to rip off retailers, and easily get away with it. I haven't seen a PDUFA
go off without something wacko in a while. A couple weeks ago, the day before ACRX got a CRL, you were
able to look at a page from there website that showed it being approved. Just crazy..
They eat most retailers for lunch.
1. Don't try to make a ton of money too fast.
2. Don't fall in love with any stock. Keep your emotions out of it.
If you follow those to rules, you'll have a fighting chance.
Tomorrow premarket, or during trading hours. = GREAT NEWS!!!!!!!!!!!!
Tomorrow after hours. = COULD BE GOOD NEWS, BUT SCARY!!!
Monday premarket, or during trading hours. = THIS COULD BE HUGE!!!!!!!!!!!!!!!!!!!!!!
Monday after hours. = THE HORRER!!!!!!!!!!!!!!!!!!!!!!!!!!!:-(
That's the way I see it.
This is true, but an announcement would come as soon as it was sorted out. They're not going to sit on the answer.
It's going to interesting to watch OREX over the next week. They got the CRL, and then a delay, and are now coming down to the wire.
We could all learn a little something from how that one plays out.
Keep um coming.
Shouldn't something that simple have been squared away in a week? Almost 90 days later, and still no answer.
This is true. Monday is the day when the FDA will have to say something to either us and Keryx, or just Keryx.
Don't listen to anyone who says the decision has already been made. If made, it would have been announced to either both, or just them. The FDA is not just sitting around on decisions waiting for the right time to announce them.
That's pumping, or bashing.
Hope he's not sitting around watching TV. :-( Could be he's fixing someone's TV. :-) Maybe he went out to
buy a new TV :-) He might be the guy that sells TV's :-(
TV, where are you??????
Thanks. This is good info to keep in mind for all future bio trading. The biggest point I get out
of it is that the decision HAS NOT BEEN MADE YET!!!!!
Since the FDA announces it if it's an approval, an approval should be announced by end of day Friday. If it is not announced by Friday, end of day, then Keryx is sitting on a fax, and has some splaining to do.
That's it. Everything else you're hearing about weekend approval is bs.
Has there ever been an FDA announcement over the weekend? You know, not an emergency pandemic, but a drug approval. :-)
I know there's some old time bio investors here. Can you think of even one?