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2-1/2 hours into Halt and nothing said. I guess it will be either later tonight or tomorrow morning.
This has been posted before, but no news on it that we can see.
We are waiting to see news to tell.
The links on company APP Pharms is for a different company.
They may leave it down the rest of the day then.
Hard to tell on open without seeing news yet.
It could open this evening again, as AH still has a lil over 2 hours of trading that could happen. But it would not surprise me if this is kept down for the rest of the day.
Thank you, pennypicker
You were quoting information that came from the company's website in dealing the drug. That may have been the same information but found on the FDA site.
Found on this website found under the section called: Our Solution - APF530
http://www.appharma.com/products/development.html
small clip from the site:
Our Solution - APF530
The Company’s lead product, APF530, is being developed for the prevention of CINV in patients receiving either moderately or highly emetogenic chemotherapy. APF530 is delivered by a single subcutaneous injection and contains the 5-HT3 antagonist, granisetron. Granisetron, for infusion and oral tablets, is approved for the prevention of acute onset CINV, but not delayed onset CINV. We selected granisetron because it is a potent drug and the applicable granisetron patent expired in the United States on December 29, 2007.
I do not think "APP Pharma" is traded on the stock exchange.
APP Pharms is not A.P. Pharma, Inc
APP Pharms: http://www.appdrugs.com/
A.P. Pharma, Inc: http://www.appharma.com/
You are right... a different company.
APPA.. was just informed that the prior link and information may be for a different company. Sorry about that - saw another posting on the APPA board and wanted to share the information on here when I saw it.
reddymade, Thank you for the updates
I agree with you, approved yesterday and trading shot up with no news being released until now to the public.
But I still want to see that letter. I think even 3 of 4 is a winner.
And the other poster on here said both Shot and Pills was accepted as a way to administer the drug, which to be is the ultimate winner here.
Interesting the FDA site says the Letter is not available.
So this was approved in some form yesterday.
Thank you for the information.
approved some, but not for delayed onset CINV as I read your posting.
The link is not working for me, and when I type in APF530, it comes back as saying... "Your search term did not return any results."
PreMarket & AfterHours announcements
I have seen announcements come out for different stock in both PreMarket and AfterHours with both good and bad news. I have seen stock soar like SOMX did today in afterhours, and other stock tumble hard.
The funny thing that can happen is that when the market opens the next trading day, it may not perform the same way as it did in PreMarket or AfterHours. I have seen it sell off outside of hours, and when the market opened it soared.... could not figure that one out, but it happened.
We can only wait and see what the news says. I thought they would have it out my now at the brokers, web, company itself, etc but see nothing yet.
News coming out soon. Stock halted on trading.
IF this stock gets all 4 types approved, and
IF this should run like SOMX did today on being approved earlier today,
THEN this stock could run up to $4 if it should match the percentage increase that SOMX received today.
Yes I agree no listing problems, January was when that was cleared up by being back into the $1 price range.
I think you have at least 1/2 hour if not longer to read and analyze the information before trading begins again.
APPA Trading Halted..pending news
I did not sell all my stock. I just sold a small portion of it to. Took some more small profit in it. But I have alot more to collect a heck of a lot more profit. If you have been reading my prior postings then you will understand.
Price up to 2.12 and maybe even higher to come as it looks.
Just sold some for 2.10 in afterhours.
Wanted to share in case this means anything to someone here.
I may regret it later, but wanted to see if anyone would bite at it.
Both APPA and SOMX running up here again.
SOMX is up another $1 from the prior high earlier after the halt lift. (update 3:53 PM ET - this just shot up over $9.00... was trading in the high $3 earlier today).
APPA running I think on a prayer that it will be approved in afterhours. I hope this does happen as I have not seen any news yet.
At one time we use to oscillate between 1.80 and 1.90. I feel like we are back to where we were several weeks ago.
I have even seen the FDA news posted around 1 AM ET.
Thanks Ted, I was not thinking about that.
Something I just thought about in notification.
I was just thinking, more wondering, if the FDA would give out notice to a company while the stock is actively trading?
I was thinking it could be possible that someone within the company, upon hearing the news, could buy or sell their shares during regular hours if it was not halted already which could take advantage of the situation.
I would say if we do not hear anything here soon, then it will be after hours, and more likely after 8 PM or the early morning. If they do release news just after regular market closing and before 8 PM, then after hours trading maybe halted completely.
Goose, today is the date for the FDA notice.
Robert, yes it is.
Though unfortunately I had to sell some of my shares off this past Monday for some financial situations I had to take care of, so I had to take a loss on it. I did not take a loss due to anyone on this board in me selling it. It was just due to where the price was sitting that I had to take a loss on it, which in seeing the price today makes me wish I had them all back and be able to sell now. Would have made a nice bundle on those that I sold that I bought in at a low price. Still I have alot more shares in a second account I use for trading as well.
I did take a little profit around $2 on some shares to bring in a small profit, but the rest of it I am holding strong... through pop or drop I am holding to see what happens. I expect a minimum of 3 approvals but I also think they will even approve the Highly Delayed one as well.
If the price drops off through the day I could always buy back into more shares and still have a lil profit from selling at a higher price earlier. Though I am not sure if that will happen today.
Whizkid, I think this could go much higher if approved. The thought of their drug and the way to administer it to the patients is has so much more potential than anything possible today.
In the end I am going to take some profit, but I am going to be holding alot also and keep it for a good many months.
Whizkid, if I may add to yours in my personal opinion.
I like to see that we moved into the 2.00 range again, and feel it can go much higher. Right now I think the feeling may be that this stock will get the Full star rating letter of approval.
I would just like to add that each of you personally need to decide when you want to sell on your own. Many of us on here feel it has much more potential.
There is nothing wrong in taking profit. Always better than to take a loss.
If you want to take some profit and still hold on, then sale some of your stock at the profit you wish and hold the other for a possible greater gain.
Some people will sell half of their stock when the price they bought into doubles. That way they take out their initial investment and the rest of the stock is basically free money from the price increase from earlier.
If APPA gets their info soon, I wonder if they will hold trading just like they did for SOMX? If they do hold trading you will have no way to do anything until the halt is lifted.
Someone had a massive sale set for 1.99?
Seeing it fall fast since it hit 1.99.
Me too... would be nice to see this over $3 and on it's way to $4.
SOMX jumps almost $4 after FDA approval. They halted around $3.87 and up to $7.98 high so far.
I would feel better about $3 if the news was out already and it was approved on all 4 areas.
OT: SOMX receives FDA Approval.
http://finance.yahoo.com/news/Somaxon-Announces-FDA-bw-4161982702.html?x=0&.v=1
They were not to hear anything until next week, yet their news is already out today. This is why I get concerned sometimes by why some companies hear early on their approval days early from expected notice date, and others do not hear or at least state anything until the day they are suppose to and could be handed out at the end of day.
At least there is still buying into the stock as it keeps rising.