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Biotech / Medical : Biotech vs. Shorts

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To: Biomaven who wrote (184)8/26/1999 2:00:00 PM
From: LLCF  Read Replies (1) of 427
 
<All we are talking about now is the FDA accepting the filing..>

Hmmm, right, forgot about that. Why would these guys be piling into Sept puts???? Would the stock crater if the FDA didn't accept it or asked for revisions? don't really get why they're buying puts [ I mean someone is buying SIZE here], are they thinking the FDA could say "go away" do more studies????

DAK
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