SOMX - Somaxon Pharmaceuticals, Inc.(NASDAQ Stock) - Stock Market Forum, Penny Stocks, FOREX, NASDAQ, AMEX, NYSE, Live Chat

**CatFish** · #1 04-06-2009, 04:16 PM

picked up some somx today. looking strong and it think it still has some life left in it

Somaxon Pharmaceuticals, Inc., a specialty pharmaceutical company, focuses on the in-licensing and development of proprietary product candidates for the treatment of diseases and disorders in the fields of psychiatry and neurology. The company has completed four Phase III clinical trials for its lead product candidate, Silenor (doxepin hydrochloride) for the treatment of insomnia. The U.S. Food and Drug Administration (FDA) notified Somaxon that it accepted the New Drug Application (NDA) for Silenor for review as of March 31, 2008. Pursuant to Prescription Drug User Fee Act (PDUFA) guidelines, it is expected that the FDA will complete its review and provide an action letter to the company with respect to the NDA by December 1, 2008. The FDA indicated that the review would be extended for up to three additional months, resulting in a new PDUFA date of February 28, 2009. The company was founded in 2003 and is headquartered in San Diego, California.

**BadThad** · #2 04-06-2009, 04:27 PM

What draws you to this one? I don't normally like pharma stocks at all because they depend on the FDA. I don't see their NDA getting approval anytime soon either.

**CatFish** · #3 04-06-2009, 06:11 PM

i didnt know what they did or who they were when i bought it

. i liked the chart and liked how it was moving. aufan showed it to me yesturday

**BadThad** · #4 04-07-2009, 09:41 AM

Well, technical trading in this market is a good thing. LOL

**greencat** · #5 11-09-2009, 06:57 AM

Adding to my watchlist. SOMX may try to make a move or a bounce from this area.

**greencat** · #6 11-26-2009, 11:05 PM

SOMX making a move. It could be ready to challenge the old high. Breaking a trendline and indicators are turned up.

SOMX Chart