Mod Tanyatorn
:
i have encounter before with other FDA approve and the stock dip 25% and in about 2-3 weeks it shot back up and its time to close positions. Just don't panic. The stock was shorted.
Mod Tanyatorn
:
There was a stock ticker ccxi and before FDA approve many people who did stop loss got caught off guard from 22 went down to 12 and immediately shot back up to 23. The stock was then halted pending FDA announcement. After FDA approve it when up 35-39.
Mod Tanyatorn : i have encounter before with other FDA approve and the stock dip 25% and in about 2-3 weeks it shot back up and its time to close positions. Just don't panic. The stock was shorted.
Mod Tanyatorn : There was a stock ticker ccxi and before FDA approve many people who did stop loss got caught off guard from 22 went down to 12 and immediately shot back up to 23. The stock was then halted pending FDA announcement. After FDA approve it when up 35-39.
70686049 Mod Tanyatorn : This. $Day One Biopharmaceuticals (DAWN.US)$ a perfect example.