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Biotech / Medical : Biotech Short Candidates
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To: hmpa who wrote (696)10/6/2004 10:45:07 PM
From: hmpa  Read Replies (2) of 897
 
Curious options trading today in CNCT. Someone bid up out of the money Oct 25 puts to $1.25 (from 10 cents) on a huge (for CNCT) volume. Looks like this someone is pretty sure that within 2 weeks we get Ranbaxy announcement about generic Soriatane FDA approval... (unless both Yahoo and Nasdaq.com have data entry error).


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