I did not just started watching it. I posted before the two ALZ failures were PR later. So maybe BIIB is up on the other two ALZ drug failures. Problem with taking bear position on puts is they have so many other drugs and will not get a readout on ALZ trial for a long time. What would worry me most for BIIB value is if Dems get control in House of Congress next year and haul BIIB before a subcommittee and spear them for raising drug prices 2x the normal yearly gouge. They got away with it so far.
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