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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: silInv who wrote (9016)5/13/1998 8:08:00 PM
From: Judy  Read Replies (2) of 120523
 
silInv, you misunderstood my post. I sold covered calls on IMNX shares, not holding long calls. True that IMNX got fast-track status in March, but the company completed filing for approval in May. If the FDA awards approval and IMNX gets called away I shall simply reenter if the situation warrants it.

ICN sold off after FDA approval and two upgrades. Drug sector is in a bull correction phase, and ICN is just trading with the sector. Even PFE is.
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