If I'm understanding correctly, there was good news for CCXI just now.
This demonstrates why 'inside information' needs to be carefully vetted before being acted upon. Sometimes the info is wrong or incomplete, other times it just does not produce the intended effect.
I'm curious why a split decision, leaning slightly towards approval, has everyone convinced it ultimately won't get approved.
What’s the companies value without the approval? Is it a good investment now even if I assume it won’t get approved?
No inside information at all.Just an understanding of the underlying reason the stock is on the radar at all.What's the culture in big investment firms? Do they do deep research or just skim and act?It's not a company I intend to hold long term. I didn't research this one, but many small pharmaceutical companies only have drugs in the pipeline, and nothing they're making money on for the long term.
My doctor friend is still sure it'll get final approval. He's looking at it from the medical viewpoint.Although they split 9-9 on whether it is effective, they were 10-8 on it's safety and 10-8 on the benefit-risk profile.This is an orphan drugs; it helps in a disease where there aren't any at all so far. So I'm not only holding tight - and not locking in my loss - I bought a bit more.
So why not do calls? prob low premium but if does go up you'll be ahead of the game.
At this price, the upside is phenomenal. Even if it has to go back to trials for more/better/clearer data, it should rebound from this overcorrection.
$$$ <---------> (mouth)
Bought options.
Although options are cheap and potentially have a big upside, they’re time dependent. Do you know the date that the FDA makes their final determination? Your option has to reach beyond it.
Although options are cheap and potentially have a big upside, they’re time dependent. Do you know the date that the FDA makes their final determination? Your option has to reach beyond it. At this price, spend the same money on stocks. Buy fewer but then you can sit and wait for the upswing.
steel,miners,retail,oil,shipping etc..are the new growth stocks. Anybody still regretting not buying $coin ?
IMHO everyone is late to the party. Insiders were posting about steel companies since December and this surge is latecomers buying from the earlier speculators. The stock price will collapse before retail steel prices start to fall so of you get in now have a plan for getting out
Ive been posting about this for a while, but disagree on being late if you have a crystal ball I’d love to take a look but ime you keep playing until the market says otherwise 🤷♂️