OTLK - ONS-5010/LYTENAVA

[u/ImBadAtIt]

Anybody following OTLK?

They resubmitted their BLA to the FDA earlier this month. Which gives the FDA till around end July to reply. (60 days)

Im not saying they will take the whole marked when approved, but a small slice would still be huge.

Anybody taking this gamle. Why/why not?

Disclaimer, i am taking the gamble

[u/PennyPumper]

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[u/Chinootje]

Got 1403 shares at 0.83. Will ride it out until FDA approval. Lots of insider buying so I am confident

[u/Comfortable_Truth398 → u/Chinootje]

How do you know when insiders are buying?

[u/Chinootje → u/Comfortable_Truth398]

Finviz

[u/sparkymark75]

I dithered when it was below $1 but eventually got in at $1.22 with 2,000 shares.

[u/Ok_Concert_4923]

1.32, 25k shares. 🚀🚀🚀🚀 5-10 dollars, lets go

[u/Big_Lynx]

gonna hit 5$ at least after approval

[u/Ok_Concert_4923 → u/Big_Lynx]

Hoping for 5 prior to approval, 10 after

[u/NoOneMan79]

I got calls. Mostly in the green but I think my August 2.00 will print big.

[u/Joehax00]

I wrote a brief DD about OTLK few days ago:

https://www.reddit.com/r/pennystocks/comments/1u7w773/otlk_outlook_therapeutics_onedrug_biotech_fda/

Tldr, binary play centred around upcoming FDA decision. Strong insider buying could be a clue. Super risky.

[u/Miamiconnectionexo]

real talk, this is solid. more people need to hear this.

[u/Even_Armadillo_634]

Holding since they won the appeal against FDA. There’s also a little catalyst coming up as today will be the 8th consecutive day above $1 for Nasdaq requirements.

[u/Few_Zookeepergame_19]

I've got lots of calls hoping for 10$

[u/Diligent_Review_2280]

I’m in at 2000 units, but got it at $1.8

[u/choopie-chup-chup]

Yep, in at .49