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Biotech / Medical : Avadel AVDL
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To: Arthur Radley who wrote (99)11/14/2003 1:27:08 AM
From: DiB   of 240
 
>still think long-term, anyone interested in biotechs should have a position in FLML
agreed. I bought in at between 10 and 15, then when it stumbled around 40 and went back to 36, I sold Dec 35 calls against my stock for 5.20 figuring, like everybody else including management :), that 40 should be enough.

Who knows, I may get to do something like this again in a couple weeks and reduce my cost basis to under 5...
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