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steelwheels

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steelwheels

Re: leucro post# 671

Friday, 03/02/2012 3:16:52 PM

Friday, March 02, 2012 3:16:52 PM

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VVUS- Bought long @ 11 and wrote a few covered calls. Have currently flipped the switch to the short side. More likely to see a turn downward than a break out to the upside. VVUS seems to be facing upward resistance. Hit the wall @ 23. I am looking to cover @ 15.00. Most likely after a pull back, we will see another run going into FDA april decision. Good luck!
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