This market promotes gambling more than investing imo. Holding into earnings typically doesn't work out well if one is just in for a "quick" swing. Add on a catalyst as the bait? Yeah, that's gambling. There are still some upside fundamentals here that longs would be considering through the end of 2015 so to kill a long term position and lose the tax advantage now would be a tough choice, as an "investor". The upside on approval? :-) Just my .02 worth of rambling.