+ Watch IRWD
on My Watchlist
Short. Pharma company with revs drying up. Issuing stock.
If it was just me, I probably wouldn't green thumb Ironwood just yet and I definitely wouldn't be buying into this launch. But now I'm working with Portefeuille and his word is law, and he wanted 300 shares at 14.72. There's no question that linaclotide has potential, but falling knife stocks that are navigating drug launches are not my personal style. As usual, I expect my reticence to be proven wrong.
FDA approval of new IBS drug. IBS sufferers have been waiting for this drug and following the FDA approval process in anticipation of it's release.
was the drug approval noticed by anyone?
PDUFA date in next couple months. Drugs has a huge market with less effective competition.
PDUFA coming up
There are currently 2100 IRWD shares in my "fund" with break-even of around 7.48 USD. http://caps.fool.com/Blogs/fund-trades/678775.
Another pharm with no earnings.
good starting price.
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