GNTA high IV

Will this thing re-open today?

 

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.

 

Oh, OK, my bad, I thought you said you bought it again after reading that pre-release on Friday.

 

I did... I owned it into the release(Fri), sold it at $12.25 and re-entered at $9.60. Sold that position a bit lower and then sold some puts. Was flat at EOD though

 

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?

 

I have my bid in for cheap stock @ 4.3

 

She's open!!!!!!!!!!

 

I must be freaking psychic...I had no idea what the news was or anything and my bid was .20 off the opening print.:eek: