Let’s say there was to be a T/O of SB or whole pipeline - but...

Let’s say there was to be a T/O of SB or whole pipeline - but all that was required was the FDA approval. Some have speculated this - earlier.

It would not be surprising actually to see a smack down in SP all the way up to the FDA approval in late September. In fact you might see 12 even 10c prior to approval. Many sell out thinking it is headed for non approval.

Then late sept - trading halt - FDA approval - open for a day - or not even much - then TH again takeover. Takeover is at about 3-5x price around say $1 or a bit more.

The problem is, or course that a pending FDA failure may look like a T/O and you won’t know which one it is till too late.

No I am saying there is a TO or not - just the difficulty in knowing what is coming and inferring that a lowering SP means something bad.