Replies to post #1549 on Spectrum Pharmaceutecals Inc (SPPI)

[antihama]

Another 3% down today. While I think the reason for the downdraft these last 2 days was about no info on poziotinib at SABCS coupled w a week of strong gains resulting in taking profits there is an outside chance it could be about apaziquone being rejected by the FDA. The PDUFA date is Dec 11th so it could be that the FDA notified SPPI of the rejection. While everybody expects it to be rejected I wouldn't be surprised if the shorts are milking this as much as possible. Anyhows if these 2 down days are associated with apaz we will know by end of day tomorrow since SPPI has 3 days to notify investors of a material event.