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Penny Idea- SBBP Releases Phase 3 Trial Data on the 20th

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NASDAQ:SBBP   None
Strongbridge Biopharma releases phase 3 trial data for their Endogenous Cushing’s syndrome treatment, COR-003. The risk is extremely high, as the data released will most likely make the stock price go up/down by at least 50%. However, if we simply play the anticipation, it is pretty much a 20% guarantee. I am planning on selling most of my position on the 19th, then selling the rest on the 22nd at the market open. Remember this is a biotech penny stock, so really anything can happen. Good Luck!

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