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Biotech / Medical : Zonagen (zona) - good buy?

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To: Platter who wrote (5470)9/4/1998 12:14:00 PM
From: Dauntless  Read Replies (1) of 7041
 
Platter - I'm long but..

In this instance I think you may have some bogus information. As much as I'd like a decision now, the FDA's published response time for NDA's is somewhere just under 12 months. That puts decision about 10 months from now - given "normal" conditions.

I agree with the rest of your post, however, as a newcomer to this thread you have to be aware that facts don't always matter. Someone suggested that the recent volume is not unusually low. Check the bottom of this screen & it clearly says the average trading volume is 267,000 shares/day. Click on "Chart" & check the recent trading volumes. As to the recent downward trend - don't mistake a bear market for intelligence.
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