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Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?


To: Icebrg who wrote (13208)9/29/2004 5:38:16 PM
From: Michael Young  Read Replies (1) | Respond to of 52153
 
I believe LGND has some important Phase III lung cancer results due in early 2005.

Mike



To: Icebrg who wrote (13208)10/5/2004 5:49:06 PM
From: Sam Citron  Read Replies (2) | Respond to of 52153
 
I wonder if anyone might share any comments on option valuation. CTIC March 10 Call (CUCCB) is currently trading at $1.30 while the stock is only $6.66. That seems to me to be an exceptionally handsome call premium for less than 6 month call on a stock that needs to climb 50% to come in the money.

I thought $1 was attractive price to sell these CCs, and now am amazed to see the price has risen further.

Any thoughts?

Sam



To: Icebrg who wrote (13208)10/6/2004 4:54:54 PM
From: Mao II  Read Replies (2) | Respond to of 52153
 
"....That may change of course if we see a run-up in anticipation of the results. Somehow, I doubt that though."

Why do you doubt a substantial run-up? Stellar 3 is completely blinded and date for unblinding has been substantially extended due to longer-lived patients. M2