Feb. 23 at 3:51 PM
$TOVX $ VNDA $ ALUR just had FDA approvals and the price action isn't skyrocketing. Still have the whole entire day, but with these FDA approvals apparently the market is not favoring FDA approvals. $ SCNX is another example just had an FDA approval and look at the stock price. On the other hand, you can expect for a quick swing trade right after the news, but expect for more dilution especially with a company that is nearly bankrupt and is desperate for cash.