Comment by
cndexpatman on Feb 02, 2016 11:40am
1) FDA says do another study -> WE HAVE A WINNER, it will be this as the bid/ask reflect this negative outcome 2) FDA says proceeding with a limited approval -> nope the bid/ask would be above the closing price
Comment by
ROIHunter on Feb 02, 2016 11:43am
Bid Ask is just guessing as well i don't see how that tells us much of anything except people are more pessimistic than optimistic at this point in time, which makes sense based on what we have seen to date. But it is not an absolute predictor of anything.
Comment by
bailmeout on Feb 02, 2016 11:42am
By the look of the Bid Ask..consensus is negative..for what it's worth. Does someone know something and is trying to exit as soon as the halt is lifted..this looks like after the adcom drop from .40 to .23
Comment by
ragingbull1234 on Feb 02, 2016 12:06pm
The Bid/Ask around AdCom was stupid too. Everything is either stupid, or just a complete and utter waste of time, money, and human life. I've told you they were like this for an eternity now and you still don't believe me. Well done