Tuesday, April 16, 2013

VVUS: Finally touched 12 today gets FDA approval to sell drugs

Hate to admit this, but been holding this for last couple of months and its only been profitable for a couple of days.  Im sittin on a loss and days like today help.  Qsymia finally got approval to sell at drug stores so it should be available in a couple of months.  With a large % of the population in the US overweight, except SF, Qsymia seemed like a no-brainer, but its been a downward sloping trend for awhile.  Short float is 26.29% so a short squeeze could be around the corner at 15.


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