i dont have enough trading knowledge to forecast into the future. all i can say is i would not be surprised if it consolidates for maybe half a day to one day then heads back up. FDA approval will take it to god knows how high.
thats when investors get to cement earnings forecasts and the valuation of the company and we really run. this was tying our shoelaces compared to that news.
theyve done more than a decade of research and the DD is solid. so i have more faith that they will get it than not.
FDA news will be as effective as efficacy results with pharma companies that make them run like crazy. its when investors can 100% make future predictions about earnings and valuations etc. mind you USRM is already making money and moving forward but FDA news is what gives investors a solid nod.
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