XenoPort, Inc. (NASDAQ:XNPT)
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A biopharmaceutical company focused on developing a portfolio of internally discovered product candidates that utilize the body's natural nutrient transporter mechanisms to improve the therapeutic benefits of drugs.
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Fool UK
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Getting restless for a long - playing an anticipated FDA pop in February. Long at $18.82
Holy cow! By pop, I guess you were referring to my head when I saw -65% this morning.....
Holy cow! By pop, I guess you were referring to my head when I saw -65% this morning.....
The FDA makes Vegas in the 1950's look like a clean racket. I simply have no predictive accuracy when it comes to these trials.
A horrible pick
Several top players entered thumbs up picks on XNPT yesterday and are already up 25%, guess it's all in the timing :-).
That's really the most logical way to play these stock - wait for the FDA to reject something and then pick the stock up when it trades near net cash - ugh
I would look for insider purchases and I pick a lot to spread the risk. In all, the index is going to have log-linear growth, even counting the inevitable decline of most post-one-hit-wonders in the index.