Posted:
#26
ceo is on cnbc tomorrow to announce approval
POZN thread
Posted:
#29
haven't seen the news yet. but pre-market this thing has fallen as low at $9.00.
i sold late last night at $16. then i got all worried that i jumped the gun before the good news. it is at $11.50 now though. what's the deal here? i hope you guys can get out at a reasonable price if this thing was rejected
Posted:
#31
LONDON, Aug 2 (Reuters) - U.S. regulators have delayed approval of an experimental two-in-one migraine drug from GlaxoSmithKline Plc (GSK.L: Quote, Profile, Research) and Pozen Inc. (POZN.O: Quote, Profile, Research) once again, due to concerns about potential genotoxicity.
Glaxo said on Thursday the Food and Drug Administration had asked Pozen to address the potential implications of a preclinical study into chromosomal risks, in which toxicity was seen for the drug combination, but not with either component alone.
Posted:
#44
Had to go to work after seeing this crap this morning so couldnt respond earlier.
I have the 12.50 puts...still holding them. Not really sure what to do? I guess just wait it out and take the 12.50 a share. I had a chance for a while to sell them and sell my shares and get close to 13.00 but didn't do that.
I closed out the short calls but kind of a waste of comish, not really sure the best strategy to do overall?
I assumed this was not going to go down LOL , didn't really have a strategy for this situation.
Overall if I let the 12.50's expire Im still gonna lose around $940, not the end of the world but each time I think that its another 1k gone.
Posted:
#45
Grinder,
I would have suggested you let the 17.50s expire and sell the calls for a profit..that way the shares are free to sell calls on again or just sell outright.
But since you did the other way around I would keep a tight leash on the puts and see if they ride it lower..usually news like this will make longs bail and longs less likely to be buying.
I wouldnt be shocked if the stock went to 7 or so before bottoming.
1k lost is better than selling those calls and being stuck like the OTHER covered call experience..
I would have suggested you let the 17.50s expire and sell the calls for a profit..that way the shares are free to sell calls on again or just sell outright.
But since you did the other way around I would keep a tight leash on the puts and see if they ride it lower..usually news like this will make longs bail and longs less likely to be buying.
I wouldnt be shocked if the stock went to 7 or so before bottoming.
1k lost is better than selling those calls and being stuck like the OTHER covered call experience..
Posted:
#47
hat,
I think I prefer RMBS for this reason-
RMBS 2yr chart
QLGC 2yr chart
You get greater volatility with RMBS and QLGC really seems to be a maturing slowing growth company.
Look at a 3 yr revenue history for both and while QLGC has more revenue and better financials, RMBS has more growth and the higher beta..
I choose RMBS over QLGC, but that isnt to say at 11 QLGC could be a double in a year to two down the road...
I think I prefer RMBS for this reason-
RMBS 2yr chart
QLGC 2yr chart
You get greater volatility with RMBS and QLGC really seems to be a maturing slowing growth company.
Look at a 3 yr revenue history for both and while QLGC has more revenue and better financials, RMBS has more growth and the higher beta..
I choose RMBS over QLGC, but that isnt to say at 11 QLGC could be a double in a year to two down the road...
Posted:
#48
Anyone have thoughts regarding a few options (Septembers) of WTR.After treading water (excuse the awful pun) for the three weeks I have owned them, they have finally hit a little into the black.I usually sell the day before an earnings report, which for them will be on Monday at 11 am. I am tempted to hold through the report this time, as I have not met what I wanted out of them.However, this would violate a tried and true rule for me. I could get stopped out anyway, just thinking aloud here.anyone here have iron clad rules regarding earnings reports and trades?
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