RE:.not likely to announce a done deal on may 9th.
likely though, as they mentioned in last NR, since the process is now being "expedited" after the type 3 meeting with FDA. they are going to release some options/proposals their board is considering, that may include a buyout proposal from a larger pharm company? however to finalize the deals , it may take months.
that is the best scenerio i can think of for may 9 news release.
worse case scenerio? nothing solid, hollow words to keep your hopes up for next NR. in which case, SP continues fluctuating in 6-9 range? could not think of a worse announcement than this at this stage.