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It's the group mentality started by BTIG.
I have taken the opportunity to load up and now I'm ready. I've been through this many times before. ACAD is a recent reminder.
Also NAVB, I'm in there at $2.20 average and it's flying dispute many setbacks.
This is not for the faint of heart. You have to do your DD and then make an informed decision.
I'm adding and holding mine close.
If it all goes well, I will be very well off in the very near future.
It's not like I'm putting it all on green double zero and hoping the marble lands there!
This is a true calculated bet based on available, verifiable info.
GLTA
I think we have to wait.
I think it will still be a pretty good buy once we get approval. I don't see it moving up from here with APPArooval!
Some hedge funds decided to unload. Maybe they lost elsewhere and needed cash to cover other positions?
The only thing that makes sense although it seems silly when they could have sold slower in the .80's and .90's.
They have tanked a perfectly good play.
I've decided to use the low price as an opportunity to load up for approval. Frankly this is all an approval bet now.
I doubt we will see any significant run up with most shares (86%) in institutional hands.
I just added more below .55
Sitting at .80
Let her fly.
"let my people go"
LOL
I guess folks are just getting fed up with the manipulation here.
I have always seen this as a play for approval not so much a run up play.
Massive selling again this afternoon, but for those of us who hang on, the reward will be great.
I added 5,000 more today on the big dip.
Thank you!
I see that. I've accumulated quite a bit over the past few days.
I now have way more than I ever thought I would have.
I now have a ton of cheap shares.
I love the price here waiting on approval.
Yes, the only question is how many shares glans has left to give away!
Exactly 2 weeks left until adcom, then PDUFA on April 30.
Not misleading at all. Zero volume was a fact!
I'm long here as well and this does not move up without volume.
We need buyers to start slapping the ask for this to creep up.
That is a fact! Without buyers, this stays here.
The sellers pull it down, the buyers push it up!
Nice summary. Should be yellow tabbed at the top of the board!
Zero volume!!
Not very good at all.
If there was interest, we should have seen transactions at the ask. No takers at the .63
I was thinking that a short squeeze may be coming soon.
They really tried to trash it down, but it does not to have had the desired effect.
It is about solid DD and having the stones to hang on through the shakes. I will still be here when the dust settles.
The question is how many shares Glans has left!
There is just way too much on the plus side of the risk:reward ratio for this to stay down. Meanwhile, the trading days tick off the calendar as we get closer to PDUFA.
I think it bounces like a basketball today.
I, for one, will be looking to add even more early on today.
I will be buying more tomorrow.
Looking forward to early May!
No pain, no gain!
No guts, no glory!
Here we go!
Yes. High chances for approval. I like the risk:reward on this one.
Same here. This was my third round with APPA.
My average price was .72, but I averaged down some today.
Wow. I just doubled my position
I'm holding through adcom and eventual approval so I really don't care where they park their ask wall for now.
Reminds me of a game of chicken, but I for one, am driving forward with my foot all the way on the gas to the floorboards!
Bring it!!
66,000 shares for a day is very little volume.
I continue to accumulate shares. I really can hardly believe that someone continues to sell at these levels.
Awesome!
Wish we had more volume.
Me too. I added throughout the day.
I feel pretty good about my cheap shares.
Thanks to whoever is selling them to me!
Finally March is here.
Should be a nice ride up from here
No way this stays here before PDUFA.
This will blast off soon enough
Should boost the SP
Very nice sign.
The company is getting ready for commercialization.
Very nice indeed.
Not sure why someone would sell NAVB at this point?
This looks to be getting stronger, especially with PDUFA date looming and almost certain approval. NAVB does not respond to big up days or down days in the market. I know the market has been in a big rally, but that should not affect this sector, up or down very much IMO.
BTW: March is colon cancer awareness month!
Have you had your colonoscopy. Colon cancer is the second leading cause of cancer death in the U.S.
There is no need to die of embarrassment!
The adcom news is hitting the news wires this morning.
This should go up further today on that same news.
Great stuff.
I missed the dip yesterday. It did not go as low as I thought it would.
I'm watching it very closely though.
I'm holding through both catalysts.
I can't imagine a bad adcom on this one.
The problem in society is just too big and we already know the drug is approved. What's up before the FDA is the novel delivery system (sub-dermal implant). I believe the FDA will grant approval then it's off to the races.
I'm long on TTNP.
Now we are back to a double catalyst.
Adcom March 21; and PDUFA for April 30.
That is huge for this stock!!
I will get back in if it touches 10.55
I sold early this morning. Took another nice profit.
I will be looking to get back in on any significant weakness.
Still early for this one. PDUFA date is April 30.
March and April should see a run up on this one.
I've been slowly adding to my position at these levels.
GLTU
This would have to be one of the riskiest companies to short at this point. With all the uncertainty in the market today, why short a company that is looking at almost certain approval and poised to possibly double in price in the very near future?
NAVB is well positioned with very strong partners and an impressive pipeline, not to mention that the FDA has already proclaimed Lymphoseek as safe and effective.