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Strategies & Market Trends : Synthetic Derivatives -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (77)6/2/2004 5:59:13 PM
From: Sergio HRespond to of 464
 
Relatively speaking, the 10,000 contracts is a large position when you consider the size of the float and the normal avg. daily trading volume and also noteworthy is that in all likelyhood the bulk of the position was established in anticitpation of the FDA approval.

I agree, IDEV will remain range bound until further developments with Sanctura or perhaps from something else in their pipeline. A marketing deal on Pagaclone could come up shortly, for example.

Take care Zeev.


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