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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Jerry Olson who wrote (6921)3/17/1998 11:48:00 AM
From: Judy  Read Replies (1) of 42787
 
Good morning, OJ

Good trade on IMNX. I entered later than you but even as you sold for a profit I held. But today I got tired of waiting for the stock to hit my target. Sold June 75c at near-term resistance and collected 7 3/4 points to lower my cost basis. Holding this baby for FDA approval of enbrel. RA is a deadly and debilitating disease, IMNX offers the most viable treatment known.

This is not a strategy for traders or options ... traders should simply take the money and run. This is a strategy of a long-term investor holding shares for the pot of gold at the end of the rainbow.
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