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Re: mcbio post# 132482

Saturday, 12/10/2011 4:35:41 AM

Saturday, December 10, 2011 4:35:41 AM

Post# of 257259
mcBio, biomaven,

Are you guys adding to XNPT under $4? How much of a loss is the failed Parkinson's drug trial?

You can sell the Mar 12 $4 puts for around 55 cents now, which is a 14% return for 3 1/2 months or you are put the stock at 3.45. I am thinking of doing this next week.

They have $2.91/share in cash. Although my guess is that they will burn that rather quickly if their sales for Horizant doesn't pick up soon.

Thanks.

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