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Oh well use this as a lesson nothing is guaranteed no matter how "bullish" the rumors and everyone on social media is pumping ... this sucks :(
it's been volatile all day nice intraday swings
For those in the know about college football, Ara lost three grandchildren to the Niemann disease. He set up a foundation to find a cure/remedy and I'm hoping this is given a chance, even if a P4 were needed. I'm not sure any other drug is within 12-18 months from FDA consideration.
Tell me the buys are coming from Denmark and you might have a story.
After the Biogen/Ad decision by the FDA, it should approve ORPH's drug ... but only if the system were not corrupt.
But. Light AH trading. Steady but. Light
Bruh I realize that but federal employees have tomorrow off……
Bro are you referring to the new one of Juneteenth??? That is June 19th not 18th.
I am LOL quit replying LOL distracting
What holiday is that???
It’s a holiday for federal employees.
18th isn’t a holiday
Level 2 going crazy price is jumping up we are in a big ride fellas
FDA was supposed to make decision today. Stock Market is open tomorrow even though Holiday will start tomorrow in most federal agencies. ORPH may already have the FDA results.
fda approval or tomorrow but holiday
If they release news at 9:00 their time tomorrow, that makes it 3-4 AM here. Think about when market opens here at 9:30, it'll be 3:30 PM in Denmark. I don't think anyone took time of day into consideration when FDA would release news.
Now that tomorrow is a federal holiday, I’m wondering if we may not hear anything since FDA won’t be working. Unless FDA informed the company today and they are waiting to release tmrw since they are HQ’d in Denmark.
ORPH is based in Denmark. That would put them 5-6 hours ahead of us. Maybe they got the results between 10-12 and maybe closed. Just a guess.
8PM EST....where's that news???
I almost wonder if they hold it back until full open market tomorrow? If they release AH or pre-market this might get crazy.
Closing green??? Hmmmmm…..
BZ: Orphazyme Shares Volatile Ahead Of Decision By FDA Panel At PDUFA Action Date Meeting; Not Yet Hearing News Out Of Meeting
6/17/21, 1:12 PM
The Alerts to whatever to whatever doesn’t suit the comments given. LOL
Going for that inverted H&S formation now it seems….
$ORPH WILL HIT $100.00 BY TODAY An FDA ruling for the product is expected today and according to ORPH, “Orphazyme's applications for arimoclomol (to be branded MIPLYFFATM) for Niemann-Pick disease type C (NPC) are under priority review with the U.S. Food and Drug Administration, with an expected PDUFA action date of June 17 2021.”
Raided them stop losses and bought in cheap...
Old news and deals with ALS not NPC...
We spreading FUD now?
That was for ALS, PDUFA today is for NPC which has no approved treatments in the US and so far showed promising results refer to my other posts
That's how the criminals pull off their best bear raids by pulling that very bull shtttt, and cover short positions and grab shares.
That stop loss raid and bounce was epic ngl
What I love about volatility … it can recover and run the other direction just as fast if not faster. It can be nerve racking but keeps it not boring LOL … Goodluck
Oh … and these are reason why I personally don’t use stop losses because MMs see it as a target to hit. Not financial advice, it’s just what I personally do and think.
Bounced right off the 200 day moving average on the 15 min chart
Stop Losses must have hit. Everyone is setting them too close to todays Avg. PPS. They all have to buy back in before it goes back up.
More like criminal MM behavior, if positive news was to hit, than it will be called a criminal bear raid.
good for you,watching for me
Was a downside volatility trigger.....unrelated to news and common in this situation....still waiting for FDA news
Options flow are heavier on Calls … just sayin
Yeah that's all she wrote. Out at a 21% gain. More lessons learned!
Going the wrong direction for covering buddy....this will be an all out dump-a-thon!
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