Immunex Message Board - Msg: 2791533

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Biotech / Medical : Immunex

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To: broken_cookie who wrote (145)	11/21/1997 7:10:00 PM
From: TideGlider	of 656

Why hedge? Just buy the puts. The stock will always be there to come back. Why not get it at a bargain. They obviously have plans to stuff this one. Had it not been for the OI in puts it would have fell below 60 the last two days. It wasn't support that held it their. It was the people that wrote the puts. Bruce I am sorry. I don't mean to be insensitive. I have just been kicked like this several times recently. I hope to be wrong. Sold have at 62 1/2 today. Got stopped out. Try again but I think I will not get such a price again.

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