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Biotech / Medical : Myogen (MYOG)
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To: rkrw who wrote (22)3/7/2006 9:53:34 AM
From: tuck   of 50
 
I didn't say I thought it was bad. I just said the deal seemed short of investor expectations. Apparently those were rather high, having been pumped up by Cramer. Do you really think it was the income statement shortfall of a couple million in revenue or the lack of guidance that's causing this ten per cent haircut? Maybe the latter, but I think it's just a sell the news scenario. Whatever, I just sold my puts; my wallet feels much better now.

Despite the news that ENCY has one less partner to dance with, it is currently up a bit on a down morning for Mr. Market. (Disclosure: long ENCY again).

Cheers, Tuck
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