Is the time that Senator Harry Reid has set the vote for HR 4213. Just following new West Virginia Senator Carte Goodwin being sworn in. He will be the 60th vote needed for the bill to pass the Senate. It will then go back to the House before going to the President.
I think the stock could/should go to at least $12. A big player went in and bought 5000 calls at a strike of $10 for July expiration last month. I'm sure they didn't count on losing Senator Byrd at the time. However, the vote should go off this week. Check out your MDCO charts in accordance with the Angiomax debacle. MDCO is a one drug company until they bridge the gap to some new drugs coming on line. That one drug is Angiomax... what do you think a four and one half year extension will do to the stock??? Should be a good week or two as this unfolds. I didn't bet options... due to time constraints on the contracts, I went long the issue. God Bless all longs!