Why I love the stock marketwhen news comes out, people see and believe what's in print and then react IMMEDIATELY the way the article indicates like they should do, right? No. These are sheep that cannot infer or decipher anything other than immediate news. This goes both ways. Had the vote yesterday been yes, what would have happened!?!?! The stock would go UP by just as much or more. That's how crazy these people. The FDA has decided NOTHING, but Johnny Triggerfinger is clicking his PC mouse at lightning speed trying to beat the next herd who is racing in to do the same thing he is. BAHAHAHAHA. I love this game and I love these people, even if I'm not very nice about the way I say things.
Heres what I BELIEVE will happen. (Not that anyone really cares)
stock plummets on news, even though the FDA couldn't have approved anything yesterday (already in progress)
stock price stabilizes, or bobs around at a price that makes it look like a drunken fool in a fight for its life.
FDA recognizes that more is involved with this pipeline than just the yes/no vote to a question that may not even be relevant in the end....
stock price pops, but not as high as $4.00 because people underestimated it, and now bail for profit like the house is on fire, well before they should
- reverse split it to make up the difference to NASDAQ listing price.
- we become Dendreon or someone buys us.