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Biotech / Medical : North American Vaccine -- Ignore unavailable to you. Want to Upgrade?


To: Don W Stone who wrote (373)6/18/1998 6:32:00 AM
From: Don W Stone  Read Replies (1) | Respond to of 507
 
CLOSE, NEAR, SOON

That is the official status of FDA approval.

I guess it is safe to say anyday.

My own best guess is that the approval will come this quarter.
That says sometime next week if not this week.'In any even it won't be long.

I also have heard third hand that at least 3 firms will be providing analyst coverage following approval.

Yesterday , to day and tomorrow are when the options trader does his thing to maintain the price at where he maximizes his returns based on what type of contracts he has written. Unfortunately the relatively low volume makes this possible. Come monday things will be back to normal.
It won't surprise me to see the shorts start making noise. Once new analyst coverage starts they are going to be feeling the pressure. NVX has just to many good things happening.