RE:Competition waiting on FDA approval enriquesuave wrote: SESN has been running up lately and now sits at a $1.2 Billion Market Cap now at around $6 per share. Was around 60-80 cents 12-24 months ago. FDA decision date August 18. Durable efficacy of 17% CR rate at 12 months mark after 36 instillations of Vicinium. We need more data, but when we do it will be easy to compare and evaluate what our MC should be. Hopefully closer to a $Billion than where we are now. IMO
SESN closed yesterday at $4.91 and today opened at $5.22 U.S. - hit a high of $6.04 and then a low of $0.70 before closing at $2.11.
Buying at $0.70 might have been good - not sure I would have wanted to be in the other part of it.
The ups and downs of FDA decisions - wow!