Michael Levin - Seeking Alpha 'Michael Levin' Tag RSS Syndication from SeekingAlpha.com SeekingAlpha.com http://seekingalpha.com/author/michael-levin Discovery Labs: Panic at the DSCO http://seekingalpha.com/article/80489-discovery-labs-panic-at-the-dsco?source=feed 80489 Without wasting too much time on the “back story” of Discovery Labs (DSCO), I’ll just start shouting out bullet points and we’ll see where it goes from there:

Discovery Labs has this drug called Surfaxin. It helps in the lungs and especially with babies' lungs. The FDA has said the past 3 times they looked at this drug that they needed more info. The last time they made a ruling, on May 2nd, the stock price went from trading around $2.77 to $3.00 the previous day to trading between $1.29 to $1.76 the next day. It closed at $1.45.

]]> Sun, 08 Jun 2008 05:00:20 -0400 Michael Levin Michael Levin submits:

Without wasting too much time on the “back story” of Discovery Labs (DSCO), I’ll just start shouting out bullet points and we’ll see where it goes from there:

Discovery Labs has this drug called Surfaxin. It helps in the lungs and especially with babies' lungs. The FDA has said the past 3 times they looked at this drug that they needed more info. The last time they made a ruling, on May 2nd, the stock price went from trading around $2.77 to $3.00 the previous day to trading between $1.29 to $1.76 the next day. It closed at $1.45.


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