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Vical Incorporated Message Board

  • betonthenews betonthenews Jul 11, 2013 11:39 AM Flag

    According IR yesterday, timeline is still on schedule

    In May VJ provided the both of DDR and MOS results will be in Q3,
    but VJ also says the DDR data base will be locked in July, my guess
    is VJ may try to tell us that MOS data base may also be locked in July
    too since he is going to release the results at same time, I expect
    results in Aug, I bought some cheap Aug calls to bet on, not much to
    lose but few 1000% to gain if result are positive and come in first part
    of Aug, the Aug call option risk/reward is worth a try.

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    • bet, I do NOT disagree with a locking of both DBs in July...

      But the DB's could be locked at the very end of July.

      Then the data is sent out to a consulting firm for statistical analysis and conclusions.

      It could take 4 to 6 weeks for the actual results to be announced.

      August options are cutting it too close.

      Even Sept calls are too tight for me.

      I recommend you move out to December call options, and plan on holding on until December before selling.

      Then only sell enough to provide funds for exercise of the shares.

      In this way, you will MINIMIZE tax consequences, while being able to RIDE a HUGE winner until it gets bought out.

      It is then possible to get a tax FREE exchange of shares in BMY or MRK...

      Still NO tax costs.

      Then, collect dividends, to live off for the rest of your life.

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