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Wednesday, 05/05/2021 12:31:00 PM

Wednesday, May 05, 2021 12:31:00 PM

Post# of 43817
Am I correct that, if the trial is successful, the time between announcement of trial results and the BLA submission will be around 6 months?

I have a modest amount of shares, but at current SP, my holdings are already worth more than my annual salary. I've been in and out of CVM several times over the past decade, but I've held about 2/3 of my current shares for 3 years, and the rest I've been able to swing to increase my holdings. I'm determined to wait out the trial results, and now thinking about taxes. The shares that I swing could actually be long-term gains by March of next year. Just wondering if anyone here has some insight... I have the worst luck trying to time things out, and just trying to decide, given my decision to hold through announcement of results, if it would be worth holding the shares I keep for swing-trading. If the trial results are positive, and are released in, say, mid-June, would that mean the BLA would be submitted around December? Meaning that a response from the FDA could come around March of next year? Not asking for advice, of course, just wondering how other, more-knowledgeable longs approach the prospect of short-term gains tax vs. long-term gains tax with situations like CVM, where the potential is so great.
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