Halozyme Therapeutics Inc (HALO)

[Fred Kadiddlehopper]

Excellent post, FOTD. Your summary is crystal clear. AF is trying hard to take the wind out of the sails but about 25 million shares have changed hands in the last two days and the price has risen substantially as well. The whales and other movers and shakers are not the ones AF is affecting. His reach is limited to the retail buyers and they are really of no consequence here. The big boys are buying and that shows their confidence in the data. The SP might, as you say, start to drop again, but that will happen only when the volume recedes back to low levels and can the SP can then be toyed with, as we have seen over and over again. At that point the latest gap might be a buying target to watch for.
My only reservation to your comments is in the topic of trending OS.
Is "trending" in this context a legal term of art with a specific definition which can be found in federal statutes or in the Code of Federal Regulations? Or is this, as I suspect, a term with no real definition which can therefore be shrunken or broadened according to the convenience and intent of the user?
If it is the latter, then IMHO the odds of a positive and early move by the FDA are greatly enhanced.
Thanks again for your considered input.
Good luck!
-Fritz