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Sunday, November 15, 2009 2:30:36 PM
i think biel's product is great and will eventually get approval and the share price will soar when that happens.
my outlook here was shorter term and when i determined that fda approval likely to be a few months out i sold my position at a loss.
i did not anticipate that the tylenol study would have the reaction that it did
given the greater significance of approval
and in retrospect made a poor trade and btw i am pissed about joe and his stupid tweets.
it is likely i will renter either when it dips or takes off,
but i do think a dip is more likely as it become more clear that approval is a ways away.
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