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Biotech / Medical : American Pharmaceutical(APPX)
APPX 36.58+5.6%Oct 31 9:30 AM EST
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To: andydaoust who wrote (5)10/14/2004 9:24:30 AM
From: AJ Berger   of 22
 
Before Options Expiration is often a good time to buy for 20% short term upside.

you can do it again next Month, especially since they
always time earnings release for the week after witching.

be advised earnings have been downgraded for the quarter,
but that fact has already been built into the stock price.

If you buy calls, best to do the April'05 not Jan'05
cause I don't think the FDA will approve Abraxane as
quickly as most bulls on this stock may hope.
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