Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 181.12

+0.6%

11:52 AM EST

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To: Canuck Dave who wrote (23148)	11/22/1999 7:49:00 PM
From: Softechie	Read Replies (1) of 56535

Canuck oops..heheheehehehe...sorry...There are bunch of warrants at 1 3/8 and they're worth about $2.1M and Avanir won't let them extending past 12/31/99. These warrants will have to exercised or expired. Bought 10K more at $1.40 today and 10K more last Friday. I don't see much downside risks since FDA reversed themselves silly and gave Avanir the Approvable status for OTC. There are now 7 companies with 3 are large pharmas talking seriously with Avanir. Plenty of accumulation going on right now. HINT: SIT ON THIS THING AND DON'T SELL !!!!

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