just look at TTNP... that gapped from 5 cents to 160 cents!!!
that is unbe-fricking-lievable... a gap of 31X or 3100%!!!
Of course if XOMA gapped 3100% it would be at like 2400$... lol
but my point is that this news is pretty big news... esp for the share price that XOMA is at... I'm not expecting 2400$, lol, but I expect a decent gap...
so scenario might be like this
gap to 1.50 or so
pull back to 1.40 from 9:30 to 9:35
run to 2 by 9:50, stay there for 10 mins, which would be the high of day...
then pull back all day to close at 1.50...