Ayala Pharmaceuticals Inc (ADXS)

[mpreorder]

Not the way I remember it - Do you know where to look to confirm? I bought in in the teens; close to approval DNDN was in the low to mid 40's. On approval it popped to the mid 50's. Soon after, about a week or two at the most, some insiders sold causing the stock to pull back into the 40's. (You should have heard the howling on THAT board!!) A few months later DNDN didn't meet some sales target and it lost 65% overnight and, well, you know the rest.
Again, my point is, nearly full valuation will occur BEFORE approval, so long as the market thinks it will be approved.