Mitchell, <<Thanks, can anyone account for the other 43%?>> 9.9 if you are long, 8.5 if you are short.-g- I covered today. Just a gut feeling, as I wanted my greed to win over and wait for the high teens. But I got some at 21 1/2, and most at 21 9/16. But when I saw and heard about the "death letter" I smelled some panic from my fellow shorts. Anyway, it was a very profitable trade, and I will keep VVUS on the scope.
If VVUS's does not come out with a much stronger response, meaning directly from one of the officers, versus an IR person, the stock could dive deeper, as the print media picks up the story.
Something to think about, among all the other "Viagrables".
Good Trading, LF |