Labopharm DDSS - FDA Decision - July 18, 2009

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Permalink Reply by Mercs999 on June 29, 2009 at 10:37pm

This might be a good one to buy now right? Since the Decision date is July 18th, hype is probably going to start building wouldnt you say ?

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Permalink Reply by carmanx on June 30, 2009 at 8:20am

The stock has been moving up steadily from around $1 in late April. I got in in early June at 1.75 and sold two days later at 2.15. It has been fairly steady the last couple of weeks. If I didnt have my $ tied up in other positions, I would probably buy some more. The stock is not that heavily traded, so if the news is good and the volume picks up, one would think the stock would still have legs.

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Permalink Reply by Samba Kamba on June 30, 2009 at 12:59pm

I think it's good to get in early as I can see the case in " sppi" --when I started looking a couple weeks it was 3.5 now it's running 7.90 ---it gets crazy closer the date.

Yes..I just got in ( buy at rumors sell at news)

Thanks for your post on this.

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Permalink Reply by pavan polum on July 1, 2009 at 11:14am

GOOD STOCK I AM IN AT 1.6

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Permalink Reply by Samba Kamba on July 1, 2009 at 11:27am

What I am seeing is that stock goes higher as FDA approval date is nearer so it's better to get early and sell it at news----I would sell 50% before the news since I can't take risk in case it reject....

thanks

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Permalink Reply by pavan polum on July 1, 2009 at 1:57pm

volume increasing , i hope to see more buyers coming in as the date nears 4$ by 7/18 any thoughts?

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Permalink Reply by Stocks To Buy on July 1, 2009 at 5:11pm

DDSS has resistance at $2.19 and $2.37....then it looks like all systems go up until the 7/18/09

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Permalink Reply by Stocks To Buy on July 2, 2009 at 11:11am

Stock Market tanking...DDSS higher

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Permalink Reply by pavan polum on July 3, 2009 at 1:49pm

It will reach 4-4.5 by the approval time if the volume continue to high like it was on thursday

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Permalink Reply by Stocks To Buy on July 6, 2009 at 11:13am

DDSS hit $2.95 early this morning....looks like traders are getting in before the FDA decision

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Permalink Reply by Rob Witt on July 6, 2009 at 11:25am

I agree... got in Thu at 2.10 and plan to ride until close to decision date. If I double up sell half and wait for answer on July 18

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Permalink Reply by ItzBandit on July 8, 2009 at 10:26pm

You guys think the run up from the hype of the FDA decision will boost this stock like it did SPPI? Spectrum had quite a significant gain from about a week before the decision up until they released the shares. I was thinking of trying to get into this one if it touches $2.33 again tomorrow, hoping the hype will get it in the $3s early next week. Any thoughts?

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