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Sunesis Pharmaceuticals, Inc. Message Board

sumptersg 2 posts  |  Last Activity: Aug 27, 2014 4:50 PM Member since: Nov 11, 2010
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  • sumptersg by sumptersg Aug 27, 2014 4:50 PM Flag

    Purchasing more oct 2 options......Contrarian play but something tells me we have a surprise from the FDA coming.....Love the lack of interest in this position compared to a year ago.....If I'm right I could easily make 5 to 7 times my investment. Definitely a risky play but the upside is huge as the options are cheap. Very cheap.

  • Love the risk reward here....purchased 1000 at .35 over the last week...hoping to purchase another 700 at the same price. The lack of interest in this stock and the fact that most believe Jenkins will deny the appeal has made the options very attractive. This is a situation where traders can make a killing on options if there is an upcoming surprise. AMRN is due for such a surprise. A compromise by Jenkins will send this to 3+ and yield at return of 300 percent on the aforementioned options.

SNSS
7.49-0.29(-3.73%)Aug 29 4:00 PMEDT

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