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Somaxon Pharmaceuticals, Inc. SOMX - Halted - FDA Approval

Shares of Somaxon Pharmaceuticals, Inc. (SOMX) are halted as the company just received FDA Approval. SOMX should be active when it reopens at 12:05 PM EST

Somaxon Announces FDA Approval of Silenor® (doxepin) for the Treatment of Insomnia

 

http://finance.yahoo.com/news/Somaxon-Announces-FDA-bw-4161982702.h...

Tags: approval, fda, somx

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When you say at open you mean you will place an order to buy at open? Or you see where it goes and play it then?
I won't just place an order, I will watch it right at 9:30 and if I see an opportunity, I will jump in. I usually look for a steep dip from where it was trading in pre market and then buy or wait for it to break through the high of the day.
Thanks Tim, It always scares me to place that order for open
It gapped up about $.40 cents in pre market or about 4-5%......now the sellers have arrived
Yea, this is going to get attacked with short sellers, I would wait until they are about to cover and take a small position for a swing.
Somaxon Pharmaceuticals, Inc. (SOMX) - Pre Market Resistance - $9.10 & $9.60 now
Big buying at the open, I'm going to wait a little
The 10 resistance is a bloody hard one ....
I bought at 9.25 and sold at 9.40, didn't have the guts to hold it for long lol, I have no idea what this company is worth.
Yes, when trading a stock that is up 150% in a few days, you have to take profits quick. With the sell off we are seeing this afternoon....SOMX will again be a great stock to trade at the open on Monday. I try to trade it between 9:35am - 10am but will ignore it after 10am.
Somaxon Pharmaceuticals getting set to close above the 10 day moving average for the first time in a month ( $7.50 )

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