Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Zonagen (zona) - good buy? -- Ignore unavailable to you. Want to Upgrade?

To: drsvelte who wrote (4213)	5/20/1998 9:55:00 PM
From: Linda Kaplan	Read Replies (1) \| Respond to of 7041

Interesting observation. I haven't been watching the options lately. The stock was over 40 very recently so some investors are betting it will be again, during the next four weeks. My guess for the reason is that they expect that the company will fil with the FDA, and that that will cause the price of the stock to spike. It is certainly possible, even though we can expect well over a YEAR from the time of filing, to approval (fi things go well for the company) and I personally epxect that there will be no approval. A lot of people were burned on the crazed buying of ENMD, where the company was far from having an approved product. Hopefully that will help educated the marketplace so they stop buying stocks with such a long shot on success. I consider ZONA to be something like that, I guess. How big is the open interest on those calls? Linda