Agouron Pharmaceuticals (AGPH) Message Board

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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: james who wrote (2927)	11/21/1997 3:10:00 PM
From: Steve Fancy	Read Replies (2) of 6136

Thar she goes...39 3/4. I find myself forced to bump the November 55 puts I sold to May 98. Talking some big numbers at this point. Getting into these 55 puts immediately after earnings last month was my single largest stupidest move of the year. I never buy or sell within a few days of earnings on either side, and I never sell in the money, or at the money options. Broke my rules and screwed myself. Well on the bright side, as long as we manage 55 by May, I'll still profit 7 or 8k. With no news, it's not looking good short term. I hope it dosen't cause anyone margin problems. At least 55 by May '98! It's gotta. How's that for patience. I would hope if the stock slips below 39, that the company will come issue some kind of statement defending their stock price. sf

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