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Biotech / Medical : Biotech vs. Shorts

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To: Biomaven who wrote (316)1/14/2000 10:14:00 AM
From: KewlHand   of 427
 
Peter, the total open interest on calls through to April is less
than 3500 contracts, ie 350000 stock, and I own a decent chunk of
them! ;)

I would tend to agree my investment in a single stock (or options) is
on the face of it highly risky. But the more I look into this company
the more convinced I am that they are going to succeed and big time.

Terms like $1000 stock are emotive as every stock is potentially
$1000 stock, it's only a question of how long. Let me attach my own
target instead $200 by this time next year. The cancer market
(remember their drugs are proving to be generic, not just specific to
one cancer type) is huge!!!

JMHO

regards

kh

TFDW
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