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Re: Double_Bagel post# 156820

Monday, 02/11/2013 10:02:35 PM

Monday, February 11, 2013 10:02:35 PM

Post# of 257644
SRPT - that must have been a bad quote .... the May $7.5 PUTs are currently bid/ask $0.05/$0.20 .... so I believe her that she paid $0.20, but if she sells now at the bid she'll take a 75% loss.

In any case, the chances of the stock being down below $7.5 in May seems extremely unlikely regardless of what happens with the FDA.

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