HZPN has a PDUFA date of 7/27. These cos. live and die by
the outcome of this event - at least for a good period of
time. Lately, many companies have been issued delays on their
PDUFA dates which takes the wind out of the price. Nothing is
necessarily wrong, but everything is delayed. You either take
a loss or hold for a few months hoping for a favorable
ruling. These delays tend to come out of the blue.
HZNP
HZNP
Posted by billnew52 on 12th of Jun 2012 at 03:49 pm
Centurion,
Don't know how familiar you are with trading bio-pharma cos. but here is a good site for educational purposes:
http://investorshub.advfn.com/boards/board.aspx?board_id=9413
HZPN has a PDUFA date of 7/27. These cos. live and die by the outcome of this event - at least for a good period of time. Lately, many companies have been issued delays on their PDUFA dates which takes the wind out of the price. Nothing is necessarily wrong, but everything is delayed. You either take a loss or hold for a few months hoping for a favorable ruling. These delays tend to come out of the blue.
HZNP
Posted by centurion on 12th of Jun 2012 at 04:20 pm
tnx bill but i dont understand what does your answer has to do with a hammer on a 90 min chart?
FINALLY got in on BP ACTION
Posted by kevin currie on 12th of Jun 2012 at 04:47 pm
Bought HZNP today but do not understand much about charts and also participated in GOOG short....YEA..........kc