CVR Medical Corp V.CVM.H

RE:RE:FDA Submission News!!!

[Aquaman11]

Looneytunes wrote: The news was clearly leaked to insiders on Friday hence the 28% tick up. Lets see whether it has the legs to go any further in todays session. The negative for me is confirmation that it wont be going anywhere during the US govt shutdown and with Trump in charge who knows how long that will last.

When volume was multiplied 40-fold for no reason, you know someone knows something ...too much for a pump-and-dump ...now we'll see if the "buy the rumor, sell the news" holds true once again in the coming days.  The interesting thing is that an FDA submission doesn't change anything technically, we knew it had everything to move forward at this point and was only a matter of days.  We'll see if a combination of a potentially prolonged government shutdown and the dust of the news brings it back down for loading opportunities.  The real cornerstone will be an actual FDA approval (133 days on average if I remember) ...but in the interim, the last sentence of the official statement is the interesting tidbit to me as it opens the door to multiple deals/announcements in the coming months while we await FDA decision.  They should be applying with Health Canada shortly, and maybe start to make some announcements of LOI's or actual deals contingent of the approval, etc...