Elan Corporation, plc (ELN) Message Board

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Biotech / Medical : Elan Corporation, plc (ELN)

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From: tom pope	5/4/2009 3:12:04 PM
	1 Recommendation of 10345

FWIW, Forbes: The neuroscience-based biotechnology company appeared on our 'hot by options volume' market scanner this morning amid unconfirmed takeover speculation as well as a steep share price rally of more than 16.5% to $6.88. The bullish movement in the share price has attracted fresh call buying interest on ELN and the call-to-put ratio of more than 21-to-1 indicates that investors have traded more than 21 call options for each put option in action Monday.

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