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


To: blankmind who wrote (9101)6/4/1998 10:56:00 AM
From: Master (Hijacked)  Read Replies (3) | Respond to of 23519
 
Made a mistake on the last post... buying the $7 July calls, not
the puts this AM on the panic selloff. Huge volume on the
calls yesterday. Now at under a buck and even cheaper at 11/16.

The stock is UPC71 restricted so the pressure will be really on the
shorts if any good news like FDA approval is released. And like I said, the last couple days "bad" news was old news.

The $7 July calls look good. I bought some this AM, & Im buying more now. After the mom and pop panic sellers are out, the FDA news is released within a couple days, and the shorts cover, this thing
could move around a lot the next few days.