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Latest | Highest ratedAMAG Pharma: What's Taking the FDA So Long? [View article]
Your article is too optimistic.
FERU will not be approved this fall. It will be pushed back and back and back... more data will be requested by the FDA.
Based on my sources, I am shorting this stock but I'm waiting until the price peaks before the announcement date - around the week before 10/19/08.
For longs, do not try to purchase into AMAG in this environment...you will lose your money...wait until the stock bottoms as it will take longer than expected to puch FERU through.