Biotech Values

[HattieTheWitch]

iwfal,

Your post is right along the lines of a thought I just had: if you had just $17,000 to buy MNTA, and you expected it to go up gradually, what would you do?

- buy 1,000 shares
- buy as many as you could afford deep in the money (but not too deep) June 2011 call options
- wait until January 2011, and hope that some longer-term options become available
- something else (please describe)

A related question is: when the longer-term options become available, would you expect the June 2011 contracts to go up or down in price?

Thanks much for your and anyone else's input.