Steve
Generally, application before the FDA is positive, but FDA approval can be months away.
In fairness, however, prehaps, I'm somewhat jaded. Oner stock I owned, PLC Medical Systems (PLC), was not approved by the FDA and its healthy stock price took a beating.
Even more frustrating, perhaps, another stock I own, Nexstar Pharm. (NXTR) was recently approved by the FDA, but the next day its stock price went down and has not yet recovered to its pre-FDA approval level.
I hope you're correct with TXB, so we can both benefit.
Bob |
