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Biotech / Medical : Biotech for less than a buck. -- Ignore unavailable to you. Want to Upgrade?


To: Mike McFarland who wrote (266)12/20/1999 11:29:00 PM
From: RWReeves  Read Replies (1) | Respond to of 743
 
Maybe what we need is a private transaction;

BTFLTAB warrant acquisition Ltd (BTFLTABWA)can take them off your hands for a reasonable price with none of the nasty B/A spread that the pesky MM is holding in this market. Say for a dime. And no comish.

Seriously, I think holding them isn't a bad idea, you might sell off a little to pay for the basis and then you have them for "free". If they tank, you don't have as much regret. 3/32 ain't bad but somebody picked up 50K at around 3 cents right before the extension. Wasn't me. LGND calls were pretty cheap a week ago. I might add some options to the LTAB portfolio for the serious trader joes in our ranks. This may be an even more useful DCB tool than going long post mortem. I got just about zip out of ISIP.

You and your SAGE. Sure you ain't smoking some of it?

Merry new xmas.

RWR