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MyHappyTradingTM is a social network site with a focus on the global financial markets. It is an online community where you can share your thoughts and your investment/trade ideas with the community and the network that you build. Our Basic Membership is FREE. MyHappyTradingTM provides you the... More
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  • VNDA Jumps +824% On FDA Approval!! 0 comments
    May 6, 2009 11:42 PM | about stocks: VNDA

    After the market, VNDA investors experienced "Christmas in May"!!  VNDA announced that the US Food and Drug Administration (FDA) has granted marketing approval of Fanapt(NYSE:TM) (iloperidone) for the acute treatment of adult patients with schizophrenia.

    VNDA closed at just +1.08 today.  It jumped to almost $10 in the after-hours trading.  Its trading volume was 1.3 million shares during the day, more than 6 times the 10-day volume and more than 10 times the 90-day volume.  Even in the after-hours trading, more than half-a-million shares traded!

    VNDA's all-time high was $32/share set back in January 2007.  This stock could have more room to go up, even after an +800% rise!

    Good night and HappyTrading! ™

    Disclosure: VNDA none

    Stocks: VNDA
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