Agouron Pharmaceuticals (AGPH) Message Board

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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: Steve Fancy who wrote (2929)	11/21/1997 3:37:00 PM
From: margie	Read Replies (2) of 6136

The price drop is related to options expirations,. Don't panic and sell. Last month the price closed at 50, at exactly the strike price. Somehow it manages to close at the point where the dollar amount gained and lost on expiring contracts is closest to even. I was hoping it wouldn't go below 40. James .Cramer has said that whatever direction it goes on options expirations, it goes the opposite after. That's not a gurarantee, but that's what usually happens. Anyone think we can make it harder to close at 37 1/2 if we hold on and don't sell? I would hope no one would sell at these prices..

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