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exwannabe

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exwannabe

Re: JJM760 post# 3274

Wednesday, 11/10/2010 11:30:16 PM

Wednesday, November 10, 2010 11:30:16 PM

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If you had no current position in Ariad and was looking for a chance to push in a substantial wager. What presents a better opportunity for new money in Ariad post SUCCEED trial news? ...



On your exact Q, the best value would be to go long after an S failure.

But the more reasonable move is to go half long now.

The reason is that if S hits you are MUCH better off than being on the sidelines. While is S misses you are just somewhat worse off than waiting (assuming you double down then).


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