Roger's 1997 Short Picks Message Board

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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Allan F who wrote (7460)	11/23/1997 9:56:00 PM
From: Mama Bear	Read Replies (1) of 9285

>>>doesn't that type of fallacious arguement have a name?<<< I'm not sure what the name is, but I believe a farmer could put it to use as a fertilizer. :) In looking at ZONA as a short, it appears that if ZONA gets FDA approval, it'll go up sharply, if not, it will fall just as sharply. Right now I am thinking that whether to go short or long is infulenced by your own opinion of whether or not they'll receive the approval. After the approval (if granted) then it may be based on the merits of the drug in the market, and whether it can stand up to competition or not. It seems to me that an options straddle may be the best risk/reward ratio at this stge of the game...any opinions? Barb

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