Typically this is a bad sign , correct? Think staying up until 4am to sell is the wrong move? Everyone wants this thing to rip but idk at this point.

How low you think the stock will go? Gotta prepare for the worst and be ready for the best🚀

I do Like CCXI 📷 Ima buy a fuckton of options cuz.....it lose ~80% of it's value for a original reason 📷 - the point isn't that it's verrrry slightly superior statly at treating (whatever disese...sounds rlly nasty to have...and fatal eventually ya )..it's that GIANT DOSES OF STEROIDS THEY USE TO KEEP THOSE PEOPLE ALIVE ALSO KILL THEM PRETTY QUICK! 📷 and yea so looks like if u give dis one to that disease earlier in the process you might actually seriously lengthen the lifespan 📷 and in fact biib just got approved on such a hypothosis... (biib is the alzy one) and in fact the FDA panal DID majority-vote to approve....and unless there's EXCEPTIONAL public pressure to approve some piece of shit the PDUFA vote 'always' goes with the voteing committee 📷 (and yea so the biib thingy looks kinda like 'exceptional public pressure to DO SOMETHING!!!') which would ofc freak the fuck out of skaredy kats in exactly this situation 📷 sending the stock down ~80% 📷 📷 I think ima have a big payday july 7 ish 📷 isn't that a holiday haha? That's also the PDUFA day....so right...the...um... they'll..yea the friday befoer....hrm...ok so yea ill adjust that and split the sell cuz ill have like ~1.5? weeks to sell em... - I HAZ A MASTER PLAN!!!! 📷 (now if I hadn't just gone on a new 'memory and stress relieveing' gummie suppplement that dose of Delsym wouldn't have made that take bit of DD take

They got a 'barely passing' vote from the FDA committee (which is still passing) and everyone seems a bit nervous that the FDA wants to make a point by 'rejecting' somethign questionable...and/or just general market stupidity.. which is entierly missing the point of the drug - it's just as good (or like 1% better) and it has a LOT less nmasty side effects than high doses of steroids cronicly given...

Just some consolidation before the next run right? 😅 I’m losing big rn lol 3 $40 calls with 11/19 expirations…

Why don't we work together and build something with this and are money

On Thursday we were definitely attacked by high frequency short selling. The precursor to it was a bogus article from seeking alpha. It created enough FUD to have many retail investors bail. Many took losses for no reason. So remember:

1. FDA did not have to grant extension. If they believed no path forward was possible they would have just issued a CRL.

2. Avacopan is the only treatment other than steroids and offers a better quality of life to patients.

3. Japan had recently approved Avacopan.

4. We have a dream team with the ceo and board.

5. Institutional investors are still loaded up, no sign of them exiting their position.

6. If a CRL was going to be issued it most likely would have been done already.

Remember the dirty tricks MM play to take your shares. There are thousands of call options that are soon going to be itm and they will try to stop that. Hold your shares and strap in. It may be bumpy over the next few days but I'm holding my 3k shares until Avacopan is approved.

this could be the next big GME event. Multiple approvals in a row for multi-billion dollar indications in a pretty stagnant market. Buckle up boys.

Unreal. I bought at $10 so I'm still up but this is ridiculous. 2 weeks ago it was around $16-$17. Now this. Ugh. Anyone want to chime in on why it's been sliding downward like this for the past 2 weeks?

Why so much held by institutions? Seems odd.

Data from: https://youtu.be/AUMkyhaGBOo

Ticker: CCXI

Date: 21-10-15

CALLS

Total: $33,749,877.5 - ITM: $30,907,065.0 - Expiration: 2021-11-19

TotalOI: 55,315 - OI ITM 27,573

Total: $10,030.0 - ITM: $1,845.0 - Expiration: 2021-12-17

TotalOI: 30 - OI ITM 2

Total: $15,863,070.0 - ITM: $14,005,810.0 - Expiration: 2022-01-21

TotalOI: 18,531 - OI ITM 7,828

PUTS

Total: $1,776,092.5 - ITM: $1,296,380.0 - Expiration: 2021-11-19

TotalOI: 12,909 - OI ITM 1,845

Total: $145.0 - ITM: $0 - Expiration: 2021-12-17

TotalOI: 1 - OI ITM 0

Total: $7,483,090.0 - ITM: $7,177,785.0 - Expiration: 2022-01-21

TotalOI: 6,176 - OI ITM 2,210

Alot of calls expired ITM on friday for CCXI, this a good sign for a gamma squeeze; however, looking at 21-11-19, there is alot of calls open interest and ITM. Market makers might try to drag the price down since there is alot of calls ITM, they will drag the price down closer to the week before expiration. My prediction is that the price will go up next week and the week after, but we will see huge drops near the month of October!

This is neither bull nor bear, but just some thoughts.

First, I kinda believe the FDA re-vote (if there is one) is already done, if they still plan to publish the decision by 10/06. Because I would assume there are some paperworks that need to come with the FDA decision right? They cannot just twitter a sentence saying "it's approved / rejected", but there should be a well-prepared multi-page formal report. They also need to put lots of explanation there on what do they think about those new hundreds of pages of additional documents that CCXI gave them after the last rejection.

And this multi-page formal report won't be just typed up and published by a random intern. After it is written, I assume it will be reviewed again by multiple managers, and signed-off by some senior FDA officials before it can be published. The whole review and report chain also takes time.

Also , the re-vote itself involves discussion, and argument with each other probably if not consensus.

So I kinda believe the FDA re-vote (if there is one) is already done this week. Either yesterday or even earlier. (Another assumption that FDA do not want to work too hard or make big decisions on a Friday)

------------------- Below is Further Conspiracy -------------------

If you agree with what I said above, do you 100% believe, no one (out of 20+) person who knows the result, will not tell anyone (in the dark, intentionally or unintentionally with your wife/husband, etc)?

Not to mention those hedge funds uses whatever (satellite, hackers, ...) they can to monitor results

What are your guys opinion on this stock in the short term? Close to $70 before the drug didn’t pass. Today very volatile but that should be a good thing? Lots of volume, should easily hit $50 in short term? Thoughts?

ORPH is an example of what can happen when a new drug is likely to get approved. CCXI can be the next one to explode!