Jul. 16 at 7:09 PM
$PGEN Very strong resistance at
$2. We were essentially trading at this level when the BLA submission was official. After that initial spike above
$2 the stock is back where it’s been. We are 4-5 weeks away from an FDA decision that can change everything, but based on the current trading it appears the market is not optimistic about an FDA approval as a potential likely outcome. I’m surprised more traders are not willing to roll the dice on positive news. I’m praying for good news but the FDA has knifed me in the back so many times I think I know deep down inside there is pain in my future.