AVANIR PHARMACEUTICALS (AVNR)

[rocketeer357]

What scares me more about AVNR over the next couple of weeks is the possibility of a selling of shares by the company at under 3$ a pop.

You'll recall ALXA sold a boatload of shares at 2.70 when they were trading over 3$. Guess they wanted a bit of financial insurance if the FDA gave the thumbs down....good move as it turns out.

AVNR recently registered shares- I have a 2.96 stink bid in in case they decide to raise a little cash pre-FDA