Chiasma, Inc. (CHMA)

[Jumboo]

Got in at 3.90 for a flip

[PStockPickz]

Is this a buy right now?

[venturecapp]

Weekly Biotech Report – Covering Clovis Oncology; Chiasma; Sarepta Therapeutics; Collegium Pharm

http://marketexclusive.com/weekly-biotech-report-2/5695/

[blue finch]

Yes

[gregque]

it's over im out 2day

[blue finch]

Mgt was unable to clarify the resolution of FDA concern
They. Will meet FDA reps soon
And provide an update to investors then

They were not aware of an issue with a supplier until they received the FDA letter Friday

[blue finch]

I will listen to the c call in hope that they say something positive

[blue finch]

Me too
Unlikely though
Maybe 6-650

[gregque]

IM OUT @ 8 hopefully

[blue finch]

4.55 now

[gregque]

MAJOR FAIL

[gregque]

yikes is right... they may still get approved after another trial tho... it'll b another year

[blue finch]

Yikes

[blue finch]

Traders giving this a 50% haircut
Premarket trading now

[HoaxDevil]

Ouch

[chemist72]

Haven't made up my mind what I might do with this stock yet. Depends a lot on what specifics the FDA is looking for with their CRL. Hope management will enlighten investors tomorrow!

[corncakes0]

This is still great news...how I took it is that its on hold right now. Hopefully from the conference tomorrow we can get a new date then I'd make this a company a long position. Hoping for good news tomorrow.

[chemist72]

At least it wasn't an outright rejection.

From was I have seen previously with other biotechs, CRL's usually result in a 30% drop (approximately) the next trading day. Best would be about $8, worst case about $6.

[gregque]

it will probably open @ 8

[blue finch]

I hope that's not where the share price is going Monday

[blue finch]

Yes disappointing

[chemist72]

CRL for Mycapssa -

http://finance.yahoo.com/news/fda-issues-complete-response-letter-222649511.html

[blue finch]

Not approved

[gregque]

someone sold 421 shares after hours for 8 dollars... he/she will regret doing that, if this is approved which i believe it has been.

[gregque]

not a problem

[gregque]

i got it to work this time

[blue finch]

Thanks

[gregque]

TODAY, APRIL 15, 2016
5:13 PM ET Chiasma (CHMA) Halt: News Pending News. Last N/A
Dow Jones

[blue finch]

Ok i will find it
Is it good?????
Spare me lol

[gregque]

after hours trading halted

[gregque]

tried to send it... its on my etrade latest headlines

[blue finch]

Link?

[gregque]

halted for news

[wplong89]

When would you fire somebody? But anyways the logic can work both ways. I still think it is more likely than not

[gregque]

would the FDA use the whole day to deny approval... i think not

[blue finch]

Ok

[gregque]

yea once it's appproved it'll hit 22

[blue finch]

U said 22

[gregque]

i think if it was no it would be out already... hold your shares or add if u can

[jojo1982]

i hope this gets approved so I can jump in, but its looking weird here

[jojo1982]

some one knows something and the dumping is starting

[gregque]

announce decision already

[gregque]

yea i know fda is so s. l .o

[Ruffieruff]

Said the 15 th of April. Didn't say what time on the 15. FDA can do as they please.

[gregque]

where is the decision??????????

[gregque]

no im long

[blue finch]

Were/ are you short this stock?

[gregque]

you r absolutely right wplong89

[ramalio]

Buy opportunity IMO

[wplong89]

It's not a leak. It's a guy who is short paying another guy to write his opinion which most points were rebuffed. This is not an incidence of insider information rather an attempt to manipulate the price with an opinion piece attempting to generate fear