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


To: tuck who wrote (119)8/27/2008 1:15:22 PM
From: tom pope  Read Replies (1) | Respond to of 139
 
Do you know of any reason for today's move?

Don't own any.



To: tuck who wrote (119)1/26/2009 3:10:00 PM
From: tuck  Read Replies (1) | Respond to of 139
 
Relistor sales still looking lackluster, and with WYE being munched by PFE, I don't know what to think of sales efforts going forward. PGNX reports $1.5 million of Relistor sales in Q4. Though that's a huge percentage improvement over Q3, which was $800,000, there's a long ways to go before they get meaningful for PGNX. All depends on what Pfizer does with the WYE assets, but rationalizing that might take some time. PGNX started the day of well, but on releasing the above number, is off now. I have a long position via sold puts, which will be OK if it can hold the $7s.

Cheers, Tuck