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Biotech / Medical : Cell Therapeutics (CTIC)
CTIC 9.0900.0%Jun 26 5:00 PM EST

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To: Biomaven who wrote (427)2/16/2005 5:52:23 PM
From: Sam Citron   of 946
 
As options are an ideal vehicle for time arbitrage and companies often have a certain amount of latitude as to the timing of announcements, it would be unsavory if they were permitted to use options. I think Securities Exchange Act 16(A) only disgorges short swing profits if 6 months or less.

Sam
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