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Biotech / Medical : Zonagen (zona) - good buy?

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To: Linda Kaplan who wrote (4891)7/15/1998 3:26:00 PM
From: Mark the K  Read Replies (1) of 7041
 
I am smiling when I see the price too.

The chart was less obvious this time, but I should have bought a lot more puts when it became clear the NDA would finally be done...now they can dump. But my August puts will do just fine I guess...

I really LOVE Zona. I have made so much on buying puts. When it went from 36+ down to low twenties 5-6 weeks ago, I pre-called it on yahoo board; the TA was so obvious. The H&S had formed, the candlesticks were just right for a tremendous drop. And I REALLY pissed off the hypester idiot longs there, bigtime. I checked in there today, someone was calling me names again, after the announcement -- and before the 2 + point drop. He was gloating that I couldn't gloat anyone, he hadn't taken the time to check the stock or waited til the s**t hit the fan...

Best,

Mark
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