OTCPK:ARLZQ - Post by User
Comment by
kuatoliveson Sep 10, 2016 9:29am
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Post# 25224851
RE:RE:RE:RE:3 more trading days...
RE:RE:RE:RE:3 more trading days...Dunno, but with the (hopeful) approval and the current bond market tantrum, the next 2 weeks will probably be volitile as all hell. If/when Yosprala gets approved, it will at least provide a bit of a backstop for whatever happens in the next quarter, at least until, like stated, we get to 2017 with a quarter of earnings behind us.
Upon approval, I could see the market trading the stock up only to fork back the gains in the coming weeks, and the temptation there is to sell and re-enter once the dust settles, but it would have to be a helluva run for me to consider doing that as you don't want to be on the sidelines the one day a major deal is announced. Such would be my luck, so when in doubt, stick with buy and hold and ride out the market games. Also, approval of Yosprala immediately makes the company a takeout target, so you never know when an offer would come in. Staying long probably for another year ....