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Wrinkles

05/02/10 8:30 PM

#27770 RE: JunBug #27769

I have my thoughts, but I'm not used to playing FDA approved stocks, so my opinion is basically worthless. Would rather hear from the guys who know this game, especially Sheff since he is deadly at this, has been since I've been watching him since mid Dec 2009 anyway. During the week he posted something to the affect he thought this would climb daily during this coming week if we got our approval, which we did. I was wondering if what the MM's did on Friday affects his theory at all of price per share to climb a few days in a row, with a large portion of the short already covered maybe?
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naturallyk2

05/02/10 8:48 PM

#27773 RE: JunBug #27769

After Friday's incident and seeing other FDA approvals... tough call. Most likely it will fall in line with the standard huge gap up followed by a slow uptrend till the next major event.