News Focus
News Focus

Pat

Followers 9
Posts 728
Boards Moderated 0
Alias Born 07/07/2002

Pat

Re: ysung post# 4301

Tuesday, 11/08/2011 4:17:03 PM

Tuesday, November 08, 2011 4:17:03 PM

Post# of 12451
FDA approval is NOT going to be the driver of higher share price. Partnership, or lack thereof, is what will drive the share price.

After approval comes on Thursday, I suspect the price will drop if there is no additional news provided by the company. The price will drop only because many will be disappointed that they didn't get their erroneously anticipated 50% bump in share price. Announcement of a partnership on Thursday? Disregard the above! <G> Unfortunately, I don't look for a partnership announcement on Thursday. I hope I'm wrong.

Pat

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today