POZN closing down not up today on FDA approval seems to confirm my thoughts from two months ago....
Posted by: The Rainmaker Member Level Date: Sunday, February 21, 2010 11:16:39 AM In reply to: Ely who wrote msg# 18293 Post # of 22636 Send a
Hope you do great with DARA. Funny thing I've noticed lately on those pending FDA Approval stocks......So many people are getting in them right before the FDA approval is due there seems to be a sell off not a buying rally once the FDA approval is announced. Too many people trying to front-run FDA approvals now it has decreased the profitability of this particular angle imho.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.