When will the FDA release it's decision might be the least cloudy question that can be asked. We know the answer is sometime in June. The FDA has set a target action date under the Prescription Drug User Fee Act (“PDUFA”) of July 14, 2016 for SequestOx. So any time between now and then investors will get news on the FDA's decision. What happens next could be huge in either direction, and has a everyone calling shots on the message boards. As long-time investors and shorts and naysayers duke it out the one thing that's missing is information from neutral, reliable sources on what kind of outcome looms. There have been some unreliable "valuations" of the company but for every pie in the sky comes a dose of grounding commentary to be considered. For every stand-tall comment comes a STFU and vice-versa.
No comments:
Post a Comment