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Elan Corporation, plc Message Board

  • augustbroker augustbroker Jun 27, 2012 5:19 PM Flag

    the one yr chart for ELN

    sort of suggests we could test $16/shr within 1 month
    w/support in the $14/shr area.
    I did sell some July calls today; still outright long more
    ELN than I probably shd. Oh well; it's been a hunch
    that's paid off nicely. I'm hoping for good news
    within (whatever) 30-60 days.
    Risk reward (imo) says u shd either be long ELN or flat.

 

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