How does one respond to Pharmas?

Discussion in 'Trading' started by uninvitedguest, Aug 22, 2009.

  1. Several drugs this coming month are up for FDA approval. I have seen several of these get the approval.. go up and almost right away, come back down. If you are holding, what is the best advice to capture a high price before it drops again, if you don't have a clue what that high price might be?