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Biotech / Medical : biotech binary events -- Ignore unavailable to you. Want to Upgrade?

To: tom pope who wrote (231)	3/26/2007 11:57:01 AM
From: Robohogs	Respond to of 295

Thanks Tom. I make about $4-5K if stock craters to $2 and change to $3 or if it moves above $7.50. I saw that info (and a bunch of crap) and this trade is effectively non-directional. It has directional elements both ways and does not work if stock settles in ~$4-5. Jon PS I think it likely fails but wonder why it shouldn't get a shot with a required Ph 4 (trial now ongoing) given the strong, if limited, safety data and the lack of prospects for the target patients.