Welcome To The Nuvo Research HUB On AGORACOM

Pennsaid will take the pain away!

Free
Message: 3 month high

Re: 3 month high

in response to by
posted on Oct 20, 2009 06:26PM

I sincerely believe this time will be the successful FDA application. The sudden submission of additional information I feel was a bit of a red herring in that it was an easily defendable action but the interim allowed Covidien or others the opportunity to accumulate shares prior to approval. I don't see this as some form of huge conspiracy but rather just the way business happens to get done.

I don't have enough personal background nor pharmaceutical intelligence to venture a guess as to what post approval pricing may be. I suspect though that we may have an interesting ride on or about November 4th and will be watching quite closely. I don't really have a firm "exit" strategy as I tend to go with the flow and as a result sometimes have been late to "pull the trigger". Still on other occasions the rise has continued so "who is to know".

Onward and Upward

Share
New Message
Please login to post a reply