hey big players, I need a little help here.
How the hell should I play CTIC? FDA approval of CTI's NDA is still a little while away, but the FDA just completed a drug manufacturer facility approval, something they had scheduled a while back.
The stock jumped quite a bit today, and I've been itching to get back into this stock after I dumped it following the previous major crash. I figure this stock is going to continue being an epic rollercoaster until the FDA decision, but determining the best entry and exit points with such a volatile stock is impossible with my little experience.
This has been one of my favorite stocks to follow because there is a ton of potential, and I want to jump in early but not if it's at a temporary peak.
I mean, it's good news this morning, but to me doesn't hint at all about the FDAs intentions, not when they previously voiced some serious concerns just a few weeks back.