Will this thing re-open today?
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GNTA high IV
- Thread starter AngusP
- Start date
Quote from riskarb:
OMG, yes... It is my hope that nobody bought into the stock based on my post.
I sold a few hundred puts and covered a nickel lower on Friday; no position in GNTA
Just curious, why did you sell it? Did you have a stop on the stock or did you figure somebody must know something because it continued to tank? I say this because I've seen a lot of stanks tank right before getting an approval although with GNTA it was pretty ugly. LOL. But I've noticed that it's pretty hard to look at price action in the stock to gauge what the news will be.
Quote from Maverick74:
Just curious, why did you sell it? Did you have a stop on the stock or did you figure somebody must know something because it continued to tank? I say this because I've seen a lot of stanks tank right before getting an approval although with GNTA it was pretty ugly. LOL. But I've noticed that it's pretty hard to look at price action in the stock to gauge what the news will be.
The FDA adv. panel had a pre-release on Fri and it was negative, hence the reaction on Friday. From what I read on Fri it didn't fare well for approval today.
Quote from Hello_Dollars:
Will this thing re-open today?
Scheduled to trade again at 3:20 pm EDT
http://www.nasdaqtrader.com/asp/tradehaltshowpage.asp
Quote from freehouse:
Scheduled to trade again at 3:20 pm EDT
http://www.nasdaqtrader.com/asp/tradehaltshowpage.asp
Okay, thanks. Anyone care to guess where it opens?
She's open!!!!!!!!!!