Reminds me of DNDN in 2006....advisory committee approves, FDA has never gone against an advisory committee recommendation. Retail goes all in but the short position grows and grows. FDA drops the bomb a week prior to PDUFA and before pre market even opens share price is down 75%.
FDA is a typical corrupt govt administration. Leaks,pay-offs,etc.
The DD done by Sheff and this board is nothing short of top notch but you always have the FDA factor that makes these plays scary.
That being said...against my better judgement I bought in today at 11 hoping for a short squeeze. Just once I would like to see them lose. GLTY Jim