Replies to post #197765 on Biotech Values

[xavierprivas]

That is not correct, RLYP was not trading at $40 before FDA approval.
$40 was the high around February. RLYP closed around $16 on Oct 21.
After close the FDA approved their drug with black box. The next day
Oct 22 RLYP closed around $11, having touched $10 as intraday low.
Those are the facts.

Disclaimer: I am long RLYP.