RE:NEWSCCC, here is what I see as possible
FDA grants a path to expedited conditional approval on some limited basis - 5% and stock opens at 18 cents
FDA suggests an "actionable" P3 and company provides some direction on path forward - 30% and stock opens at 10 cents
FDA Suggests " non actionable P3" with no direction from Telesta - 30% and stock opens at 5 cents
FDA Says thanks for your effort but get lost and Telesta announces that MCNA will,have no further clinical development and IPSEN declines any further partnership proceedings - 35% and stock opens at 5 cents
if it were any more rosy than that 100s of millions of shares would not have sold since BLA rejection.