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RockRat

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RockRat

Re: None

Friday, 03/19/2010 5:08:51 PM

Friday, March 19, 2010 5:08:51 PM

Post# of 257262
Is anyone watching the OSI/ Astellas situation? Even before today's positive CHMP opinion for Tarceva in first line maintenance therapy, OSI seemed to be looking for at least $70. My thoughts, such as they are, are here:

http://siliconinvestor.advfn.com/readmsg.aspx?msgid=26398360

Tempted to plunk this in the IRA for ~$59 . . .

But I will add that the implied volatility of the options is currently very low. Which implies the Street doesn't think they'll get much more than $60. So just watching for now.

Thoughts?

Regards, RockRat
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