Biotech Short Candidates Message Board

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Biotech / Medical : Biotech Short Candidates

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To: tuck who wrote (845)	4/25/2007 12:04:01 PM
From: Robohogs	of 897

I have to admit I submitted ENCY out of frustration - which you know what that means (embarrassed too). I am short some 2.50 puts of July and Jan variation (from before the last approvable). Deeply underwater but I have to believe stock makes it to 1s to bail given the pricing on the puts. I actually started wondering as it approached 2.50 but for now will try and stomach it out. You could always join me - I don't think there is much downside other than the losses I have already taken. Jon

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