I topped up at the end of March at 0.79 and was surprised she continued to drop to as low as 0.71. Like you, TN, I was contemplating buying more when she hovered at 0.73, but I did not want to "bet the farm" on such a speculative stock. As it stands, I currently have over 50% of my trading funds riding on this stock, and I am still working out whether to maintain my entire holding through the AdCom and PDUFA dates.
I am similarly expecting it to hit 0.90 by the end of this week or early next week, and would not be surprised if she hits 1.00 before the AdCom on the 22nd.
I am confident that the FDA will grant approval, but you just never know.
- Forums
- ASX - By Stock
- highlighted in morgans life sciences index
I topped up at the end of March at 0.79 and was surprised she...
Featured News
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit