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lizanne1890

07/21/16 7:58 AM

#80317 RE: Simpsonly #80313

thanks simpsonly.
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art2426

07/21/16 9:20 AM

#80324 RE: Simpsonly #80313

>>>I have assumed since that they are addressing Special Control protocol and label and insert texts. Those, when agreed to, will then require final review and agreement by the parties, then drafting of communications, legal, schedules, media PR's, political announcements, all negotiated, all agreed to, all in final form. All those take time.<<<


This is all fine with me. Even though we are all patiently waiting for the final word from the FDA, this is an opportunity to accumulate more shares in the double zeros. Many will kick themselves in the azz for not doing so, when we trade in the pennies after all the smoke clears. The price of the stock will be all over the place after we get FDA OK. If news is after hours, most certainly there will be a gap up in the morning open and your previous limit order passed up. Market orders will be the only guarantee of order filling unless you put in a high limit order far above the ask and then you may STILL be passed up with the high volume and not filled. Believe me, I have seen this before on stocks getting FDA approval and if you are fully "IN" before news, there is no better feeling than to just sit back, relax and watch the ticker of your stock as it goes northward. No frantically putting in higher limit orders only to see them get passed over and not filled. Sure, there will be the immediate feeling of: "Damn, I should have bought more!", but the eventual future feeling of: "Sure glad I bought this in the double zeros, will erase that sentiment!


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srinsocal

07/21/16 12:49 PM

#80345 RE: Simpsonly #80313

I will still pop the cork on a run of the mill bottle Simpsonly, and save the Moet Imperial for Approval Day. In my book every time the FDA and BIEL exchange Q and A or have a meeting we are one step closer to approval. Unlike GSO who sees a meeting as a negative I say that as long both parties are productively communicating the 510k is moving forward. It is when the parties in a negotiation stop communicating that there is cause for concern.