Curious as to why FDA approval to sell Nipent
did not move the stock significantly ? Was assumption
of approval built into the stock or does Nipent
not impact the bottom line significantly ?
"I worked for one of those old Bristol guys for 7
years and his instincts on compounds is unparalled in
the industry. He is, in my opinion, the world's
greatest medical oncologist. If he says that the drug's a
good one, I'd bet my life savings on it! "
felt like throwing a stone sorry EAD
is now known as Cinderella, and not the Great
SuperGen is now known as the "Prince"
is the "Godfather" whose job it is to bring these
two crazy kids together. So now, instead of sitting
in a pumpkin patch, Wrongbuy is running around the
pharmaceutical kingdom with a glass slipper trying to get them
all together for the perfect fit.
He will sell
where and when he needs to to keep the clock from
striking 12:00 before all this can happen...
this meet with your approval, King Wrongbuy?
maybe he could just be the King whose trying to force
his fence sitting son, the Prince (SUPG) to marry
Cinderella (The PPP)...
Not to imply that SUPG is
This could work, Trib -- You're a
Wrongbuy could say things like "I think they're dancing,"
and/or "Cinderella is trying to kiss the Prince," and/or
"The Prince tripped over Cinderella's big
I like it...
Yeah, I like that , the pumpkin waiting to take
Cinderella (the PPP) to the ball, and SUPG can be the
prince, shopping around the countryside with the glass
slipper in it's hand. It only fits the right
Wrongbuy can be the fairy godfather.
The Great Pumpkin can't become a turkey. Someone
might shoot it and there are negative connotations to
waiting for a "turkey" as a pharma partner.
Yes, Chas, I like it... the Great Pumpkin had to
temporarily turn into a coach to help Cinderella get to the
ball (this can refer to the price rising
Then, of course, when the PPP (proposed pharma partner)
arrives, the pumpkin coach can be a chariot of
But somehow it doesn't seem right to have Wrongbuy
sitting in a pumpkin patch waiting for a
I think that the PPP (Great Pumpkin) will just be,
mega-pharma style, fashionably late...
Since the Great Pumpkin was a bit late, can we
change the storyline slightly? Do we now have Cinderella
waiting for her pumpkin to change into a chariot at the
stroke of midnight? When does the clock strike?
The other side of the options equation is that
someone bought the call that you sold, thinking the same
thing you did, namely to make a profit. One of you will
lose money. Options are not a sure fire way to lock in
profits, they are not guaranteed. If you sell (write) a
call for $35 and the stock goes to $40 before
expiration, you are obliged to sell your stock for $35, even
though the market price is $40. Then if you want to
still own that stock, you have to pay $40 to replace
it. Or else you have to buy back your option for more
than you received for it initially. Options can be
very tricky, you need to know what you're doing. The
most common way to learn about options is to lose
several thousand dollars figuring out all the things you
What you have been reading about goes well beyond
simple buy-sell decisions. Using options might be
considered fine tuning your investment skills. They can
provide additional leverage and/or profit
The $4.00 & $5.00 you saw is called a premium and is
only a part of the profit equation.
thing that should be said that hasn't been... While
writing an option is a conservative way to lock in
profits, your stock is tied up until the option position
is resolved. DON'T DO IT unless you really are
willing to sell.