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Biotech / Medical : Vivus, Why the Slide?

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To: DDS-OMS who wrote (3277)9/3/1997 4:46:00 PM
From: Brian Pastor   of 3991
 
<<Off Topic>>

Gary, I hit it right on the head this morning with HIT and HBOC. Wish I had put the money I had earmarked for HBOC options at begnning of Trade on Monday which was my original plan or even into HIT. The nice thing about the market, however, is that there is always another stock story and play coming down the pike every single day (although ferreting them out and confirming them does take time and effort. Tell me, if VVUS hits 32 tomorrow, would you buy the naked puts, or watch and see whether it busts through. If it busts through 32, is the next stop in the low 40s before puts are a good option?
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