Biotech Values

[birdguy]

HALO

It was obvious to you but I suspect that most traders missed that info. The options (puts) prices for reasonable periods were very reasonable and those holders of $7.50 puts will do very well tomorrow.

I certainly missed it and by put volumn I suspect that nearly everybody else missed it also.


Quote:
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HALO—on BAX 2q12 call they said they expected a CRL soon…
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Exactly right—that’s why I said “as expected” in the header of #msg-78090032.

It would appear that many HALO investors violated one of the fundamental tenets of biotech investing: learn what your company’s partner is saying about your company’s drugs and drug candidates