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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: javaNkrona who wrote (7204)3/31/1998 10:35:00 PM
From: Herm   of 14162
 
Hi Java,

It's a balancing act running a business like VVUS. That new plant will be fired up pretty soon with new RXs business orders waiting to be filled. A one-on-one door by door approach is needed for that initial doctor contact. Notice! VVUS contracted out that sales support service. So, it could be adjusted up or down at any time. No sales, no commissions! It's the price for doing business.

VVUS is still a viper of a stock. Everyone still have their finger on the sell trigger. Some profit taking started kicking in today! FDA approval must be around the corner. We will see what kind of trick the CEOs pull out of the hat between now and next week!
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