I think we have some that are missing the beauty of what's going on with CEPH. I am speaking from a short-term perspective only!
As May 8 approaches the price will go up. Check out what happened the last time this drug when before the committee. The hype shot this thing up, before a decision was even made. And again, the hype will get CEPH up before 5/8.
The tricky part then becomes, do you take the gain you have gotten previous to 5/8 or do you let it ride through the decision. If you choose the to let it ride, you can make or lose a lot of money. A LOT OF MONEY! For the real gamblers, this would be the preferable option. Long term outlook on this drug doesn't look strong, so even with the gamble you probably want to take your earnings very soon after the approval, if it happens.
But if you are looking to make some money, sure money, IMO I would suggest selling prior to 5/8. You will make some money, although not like watching it through and reaping the rewards of an approval. But there could be a non-approval here to. It happens and if it does, I think you better get ready to lose a lot of money.
Steve |
