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Biotech / Medical : momo-T/FIF -- Ignore unavailable to you. Want to Upgrade?


To: tuck who wrote (11140)6/16/2017 6:08:03 PM
From: Robohogs  Respond to of 12215
 
Check out AMZN into close. I suspected it but did not buy the puts! Ugghh.



To: tuck who wrote (11140)6/16/2017 6:45:56 PM
From: Biotech Jim  Read Replies (1) | Respond to of 12215
 
I have been watching CARA closely for the past 2 weeks (sheesh, been watching it closely for the past 18 months at least).

I sold the remaining part of my position this week and a bit last week. I had trading and long term shares. Today I released the remainder of my long term shares. They were bought in the $4s. I had to practice good money management..

I believe I said that here (or elsewhere) that I would keep 25 to 50% of my long term shares into the news flow the first half of 2017. Two trial results should be out before the end of the month. Going into the last hour I had 25% of my original long term position, then I just did not want to risk any leakiness in news. Sold it all. I just did not like the trading the past 2 weeks. But I continue to like the company.

If surgical pain or OA pain news is solid to outstanding, there will always be time to capture CARA value.