GREY:IPHAF - Post by User
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WASKERWISKon Jun 24, 2010 11:26pm
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Post# 17220595
RE: RE: RE: from Bio Runup
RE: RE: RE: from Bio RunupWell here’s the thing though about the market. Is 27 cents the price for a delayed PDUFA i.e. is the perceived delay already priced in? I mean I for one am already assuming that there will be a delay. Or will the drop be significant if it is delayed?
Curious to see. Obviously if we are back on things will bounce back rather tremendously and probably well above where we were. But I wonder if a delay will be shrugged off i.e. the market saying “well, yeah, I know, that’s why it’s 27 cents”. I mean that would explain why the price held so well today in the first place. In that case the risk of continuing to hold is not that great – maybe only a few cents south of here. And given the potential upside worth it.