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Biotech / Medical : Celera Genomics (CRA)

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To: allen menglin chen who wrote (415)6/8/2000 12:11:00 PM
From: gao seng  Read Replies (1) of 746
 
And they will announce the press conference on a Friday after market close and the press conference will be held on a Monday before the market opens. A lot of daytraders think the news is worthwhile and may buy the rumor and sell the news. But imo, I think they are underestimating the impact the announcement will have. And I also expect more than just the announcement of completion of assembly.

Any advice out there on how to play this? Buy now and sell into tomorrow's afternoon buying, and buy back on Monday's sell off if no news? Risk is they announce then. What about next week? For sure if not on 19 then be long for 26!
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