Trading resumes in Chelsea Therapeutics, up ~35% AH


Chelsea Therapeutics (CHTP) resumes trading after being halted following the FDA's approval of Northera; shares now +35.5% after trading 33%-40% higher since restarting at 5:25.

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  • GreenGrowthGeek
    , contributor
    Comments (2029) | Send Message
     
    Glad I hung in there and didn't get cold feet. Many doubters were saying the odds were 70% or less for approval and that there would be restrictions etc... but that 16-1 committee vote had me convinced that the odds were over 90% and that beats any casino any day. If Deutsche Bank is correct, the stock should easily hit $8 with an upside to $12 unless I'm missing something.
    18 Feb 2014, 09:02 PM Reply Like
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