Verastem (VSTM)

[MaineMan5]

Totally agree it's a great play here. I have an out-sized position in my portfolio in anticipation of further gains. I would not assume we will have to wait until Oct 5 to hear news. They could announce an ex-US partnership here any time. FDA could also announce approval of Duvelicib prior to October 5. The drug got Priority Review and that could drive approval ahead of date. In terms of the sales force, I think they want to hit the ground running when they get approval, and if they thought they may get approval early, it makes total sense. They are well financed with $200M shelf in July if they need it. Price action here over the last few days is positive with new highs. The thing is Defactinib may be even bigger but it's going to take a few quarters to determine that. GL.