ADMP:NASDAQ
is a specialty biopharmaceutical company focused on developing and commercializing products for opioid overdose and respiratory and inflammatory disease.
This is a play that I found off of Tim Sykes Watchlists. Here’s what he had to say.
“ADMP reports earnings after the close on Monday along with having a PDUFA date of November 15th for their opioid abuse drug. On their earnings call, the company will most likely give a trial update on their Covid-19 drug”.
ADMP gapped up over the weekend and crapped at the market open for a panic dip buy opportunity. This might be able to re-spike but probably not a good hold overnight as this could be a buy the rumor sell the news situation.
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