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Biotech / Medical : Sepracor-Looks very promising

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To: Robohogs who wrote (9842)11/17/2006 10:39:48 PM
From: Rocky9  Read Replies (1) of 10280
 
"Yesterday action strange - almost like someone(s) thought they knew something and realized they were wrong. I sold some puts into the swoosh but not enough to make very much."

I missed the opportunity. The action was pretty strange. I probably won't sell any puts at this level. Maybe I will get a chance to extend my protective puts if the stock goes up another 5-6 points before January. I'm not counting on it. I thought that the stock was very subject to the Xop news, but would probably otherwise stay around 50 until earnings in January or an actual buyout. Maybe this is a preview of the Xop news, but it might move even more on the actual news.

JMO.

In Columbus tomorrow.

OH
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