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MediciNova Surges:Time To Buy Later -- After New Stock Issue

|Includes:MediciNova, Inc. (MNOV)

MediciNova (NASDAQ:MNOV) shares jumped after FDA 'fast track' designation for methamphetamine-addiction drug candidate. We recommend holding tight. The company is planning to issue new common stock: we recommend buying MNOV's diluted shares after the new stock is issued. Read more

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Stocks: MNOV