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To: Wayne Rumball who wrote (10661)5/13/1999 3:51:00 PM
From: Norms  Read Replies (2) | Respond to of 13776
 
Here is an AIDS Cure option play on Immune Response IMNR. Stock has been going up nicely past few days. I am told that an announcement could be made within the next few days to few weeks.

The symbol for the June $15.00 calls is IMQ-FC. They are currently a bit over a dollar. June gives you a bit of extra time.

Gallo who discovered the AIDS virus joined IMNR and is in Thailand as we speak. Approval is pretty certain in Thailand and a sympathy approval would be sought after here by the FDA pending further study. It can be used this way here in America for people for whom it is a life or death situation. I just doubled up.

I now have 10 contracts - 1000 shares which cost me under 1000.00. With a stock price of $13 and news like that plastered on every front page of every newspaper across the world and on CNN, CNBC etc. the stock price could become $25 to $50 in a heartbeat. Option price could be anywhere from $8 to $40 - so I am in for the risk and can lose a grand or make a ton. We'll see.

Remember that option plays are more risky than even penny stocks.