OTCQX:MRVFF - Post by User
Comment by
longondmxon Oct 28, 2009 2:02pm
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Post# 16431890
RE: RE: RE: AS I SEE IT !!!
RE: RE: RE: AS I SEE IT !!!Just to expand on my last post, the words "the Agency determined to be a major amendment to the Pennsaid New Drug Application" is obviously related to the label on Pennsaid...it has to be especially since Covidien's deal and the extra $$$ Nuvo could get from them involves labelling.
So, again, with approval, and definitely with a better label, how can you not agree a 3-4-fold jump in the price of the stock is not warranted. That still takes us to a $700 million market value which is not far fetched in my mind...but I guess time will tell.