Heron Therapeutics Inc. (HRTX)

[wallstarb]

This turned into a complete mess for anyone foolish enough to believe the unsubstantiated hype the last few weeks. I have held my tongue but I think it's clear who was "logical" and who was a "shill" and hyping a not ready for prime time drug.

Personally I don't make a penny on the sell off in APPA - but I hope that atleast some were able to exit and hold onto some gains or mitigate losses.

Maybe they will get another PDUFA in the late summer of 2011 - the main problem is how will they finance for 12 - 18 months? I doubt Tang will give more money - perhaps baker brothers will give them some still. If I were them I'd cut my losses - let someone else fund it and just take a smaller piece of the upside if there ever is any.