SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : PFE (Pfizer) How high will it go?
PFE 26.02+1.2%Dec 5 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ibexx who wrote (1674)4/27/1998 9:30:00 AM
From: Brian Malloy  Read Replies (1) of 9523
 
VVUS did tank from a high of about $43 to single digits but I think it took about five months, I could be wrong.

I initially purchased March 30 VVUS options when the stock was at the $26 dollar level or so I believe. About a week or so later the Jeff Vilnick news came out and VVUS started rising and the day before earnings were announced stock hit $43. After earnings it was down to $40. I took a nice profit at that time, and recommended to a few others on the thread that they do the same. I played with a few shares from time to time but nothing big after that.

In March I recommended to people on the VVUS thread to buy June 90 PFE calls. Also during this time period I recommended that they hold off on buying VVUS until it hit about the eight dollar level.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext