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Re: PCola77 post# 2

Wednesday, 09/16/2009 4:25:06 PM

Wednesday, September 16, 2009 4:25:06 PM

Post# of 36
VVUS just released news that they are doing a public offering for 9 million shares. Only traded 3 million shares all day, so that's a pretty decent chunk. Down from 10.79 close to 10.20s after hours. Hoping to see a big gap down tomorrow and be able to get out of my options for a nice gain. If not, I'm okay holding for a while since these are October expirations.

Edit: Looks like it actually got as low as 9.75 when the news first came out, so hopefully that's a sign of things to come for tomorrow.

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