InvestorsHub Logo
Post# of 252581
Next 10
Followers 89
Posts 17484
Boards Moderated 0
Alias Born 09/06/2006

Re: None

Tuesday, 05/22/2007 11:49:38 AM

Tuesday, May 22, 2007 11:49:38 AM

Post# of 252581
Speaking of irrational DNDN longs.

Who is buying DNDN at over $7???

The stock traded under 5 all winter, add in the certain dillution comming up and it will be under $4 within months.

Are people really paying a 100% premium on the chance of some Senator getting riled about the FDA, or is this just a distorted market due to puts and shorts being settled?

Regardless, will just keep buying a few $5 puts across the calander and wait for the smoke to clear.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.