Word of warning to the flippers of IDE submission and news.
Flippers, be very careful on selling into the submission of IDE. Once it is submitted, it could be approved very fast, like in a few days. I would sure hate for you to sell it and two days later the FDA grants approval of the IDE. But then again, karma does come into play. There may never be a selloff that you are expecting. Just some food for thought.
The FDA does not have to wait the 30 days for approval.