I am waiting until the hgh weekly shot ( which is in phase 3 now) will get approved. It is the technology OPK got from prolor. That's why I am here from 2009
My question was what generally happens when a drug gets approved? I am sure the recent increase in price is due to people buying in anticipation of approval. I am asking the more experienced investor that been in this situation in the past with other companies what usually happens. Does the price continue going up after approval date ( March 29 for OPK) or does the price pull back as people cashing out???
Hope this clear.
I got in to prolor with 50k shares and now I have about 18k with average price of 3.50...
Sold very little at 19 ( big mistake I guess) but I believe in prolor technology and sure it will get approved soon and OPK will benefit from it...