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Biotech / Medical : VVUS: VIVUS INC. (NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: scope who wrote (5997)3/19/1998 10:14:00 PM
From: DR. BOND  Read Replies (3) | Respond to of 23519
 
6 month's from now, we will all look back and know the answers to many question's surrounding this equity and company!

Looking back to Oct, 7th when VVUS was above 40, alot has happened since, most doesn't add up. Oh well, unlike PRST which I knew was a scam and in my opinion still is today, I really did believe in this company and it's future. Unfortunately for me, I let my unwavering fundamental beliefs overcome my technical opinion which triggered a sell when we crossed the 200 day moving average in late OCT around $32. Fortunately for me, I have alot of capital to work with so I am not only still in the game, but have made alot of money elsewhere over the past few month's.

I'm still long and riding this one out,

Good luck to all,

DB

PS. For those who care, today I made a major market move. I BOT the June SPX 1085 PUTS for $31 and sold the April 1045 PUTS for 7 for a net debit of 24. MEANING, I AM SHORT THE MARKET LOOKING FOR A CORRECTION! The air is thin up here!