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Biotech / Medical : biotech fireworks

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Lance Bredvold

scaram(o)uche

From: tuck	10/18/2018 10:06:04 AM
	2 Recommendations of 7424

Proteostasis (PTI) TRIPLES on cystic fibrosis trial readout, and subsequent analyst rating raise. Positive results from very small n apparently helped by an outlier or two, an especially bad performance by the placebo group, and large imbalances of baseline characteristics. Not to mention long term data that should be reported is not. Company attempted a raise this spring, and it didn't go. Expect it now. Likely a short, but I gather there's no borrow. Options near the strike are available, though, and I just sold a few calls. Cheers, Tuck

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