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Biotech / Medical : Biotech Short Candidates

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To: tuck who wrote (820)4/23/2007 12:32:48 PM
From: tuck  Read Replies (3) of 897
 
Starting a short position in MDVN. But will probably keep it small until results are out. If positive, evaluate the concerns raised in the post to which this is a reply. There are options, but the spreads are horrendous. Given the binary nature of the upcoming event, I am rather surprised by that, and by the lack of open interest. I'd think folks would make a bet here in large scale, and force the market in options to react, but not yet, anyway.

Anyone with thoughts or insights on this one, please feel free to comment.

Cheers, Tuck
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