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

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To: tom pope who wrote (432)2/16/2005 9:45:47 PM
From: Sam Citron  Read Replies (1) of 946
 
I don't know if it is significant, Tom, but there were also a large number of June 10 calls traded today:

Vol 10,861 OI: 21,038 Price Change:-0.05

A sell June, buy March approach would be consistent with what Peter has surmised, namely that results might be published earlier than anticipated.

CTIC has publicly stated that they would need "8 weeks to unlock the database". Can anyone provide some color as to what this entails and why it has to take so long?

Sam
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