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ronpopeil

04/28/10 5:22 PM

#27227 RE: bUrRpPPP! #27226

I say $16-$18. I think we drift in a range of $14-$18 and then pop again once we get EMEA approval. Should see $20+ after that.
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naturallyk2

04/28/10 5:24 PM

#27228 RE: bUrRpPPP! #27226

I believe higher than 16... There are just so many catalysts with this one that is going to make it pop pretty big.

1) The short position is pretty big
2) Financials might be better than analyst have predicted
3) Drug Approval for US
4) Drug Approval in the upcoming month or so in Europe

With the last one, if it is approved in the US then the chances are extremely high that it will be approved in Europe.