$heff's $tation of $tocks & $olid DD

[$heff]

Alert...bought PCRX at $9.40 in the new portfolio. They have a PDUFA date of Oct 28th. They have a strong chance for approval. Company had an original PDUFA of July 28th and had it extended 3 months. Last company I know to have that done was QCOR for their product Athcar & it was ultimately approved. I like the 3 month delay instead of a CRL which the FDA could have given if there were major issues. Volume today has been 78,000 shares. Company has 17m O/S and 5m in the float. This trades thin! Data is excellent in terms of efficacy & safety.

I am travelling today but will do a DD post tonight on them. Back to the PDUFA plays for making money. Those have always been my strength. Q4 should be a solid quarter IMO.