ARDX a pudfa play April 29..
was looking to get in for 6.50ish for a while and it fell off a cliff this AM. seems like money is rotating out of the sector.
keeping an eye out for these PUDFA plays going forward..
find very likely approval candidates and get in 5, 6 weeks before the approval date.. sell into approval relative to confidence level. Always a chance for delays which would tank the price and make bag holders until they sort out any labeling/manufacturing issues, but seems like a low risk/reliably boring swing formula
got in extra cheap on the above one after what I'm assuming was a quarterly rebalancing during a market pullback, and it's running hot right now, but nice to see +25% still a few weeks out..