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Biotech / Medical : Cardiome -- CRME
CRME 2.330-2.1%May 16 5:00 PM EST
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To: keokalani'nui who wrote (193)8/9/2007 11:57:44 AM
From: tuck  Read Replies (2) of 285
 
Thanks for the notes. I will listen, but probably won't have much to add there (if I can find out anything re super Xigris, I'll post that). FWIW, I just sold some September calls against my position, reasoning that there's more IV premium in them than usual, and why not harvest it? It implies a possibility that the FDA would act before the PDUFA date by calling for an AC panel at the 11th hour, or, even more unlikely, rendering a decision before September expiration. I'll take that bet.

If CRME is above $10 at expiration, I will happily buy those calls back for whatever they are going for.

Cheers, Tuck
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