Replies to post #6242 on FDA Plays

[jrbritt]

I have sold my position - and bought options last week with half of the profits I made and will be holding those through approval. I would have held my shares through approval but I am in law school racking up huge bills and just am not in a position to risk losing money no matter how good I felt about approval. I was in SOMX and meant to sell before approval but woke up and it had been approved and made a ton - there is a lot of money that can be made on approvals so good luck to all of us.

[kris_kade]

pcrutch, I am frankly bit surprised to see you hanging there as you expected 50% approval chance, no ?? Your posts in general came across as not too optimistic on approval. So wonder what made you change your mind. TIA

[colorofmoney]

AVNR..Also holding thru approval for the same reason.