Acadia Pharmaceuticals Inc. (ACAD)

[EFHutton7]

I think with the recent article re BIIB and perhaps TEVA looking to bid ACAD may have put the cabash on price erosion.
I covered all of my short today and will go long acad for the third time on next biotech sell off, probably Thursday or Friday.
They won't 'sell ACAD in May and go away'.
More than likely they'll wait for Rx numbers, look at any off label numbers and/or perhaps wait for ADP results.