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Replies to #51350 on Biotech Values
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ThomasS

08/22/07 7:29 PM

#51351 RE: DewDiligence #51350

ZGEN: I suspect "everyone" will "know something" in August, as will be evidenced by tomorrow's chart!
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croumagnon

08/22/07 11:15 PM

#51355 RE: DewDiligence #51350

"ZGEN – The 2-month chart makes it look like someone knew something during July"

I agree! I was holding a position back then and, when it started to drop, I went with my instincts and sold out at $13. I later bought a small amount of calls but I have also unloaded these with a small profit. Something did not feel right with ZGEN's trading back then! In my usual conspiracy theory manner, I attributed it to hedgies and decided to stay out for a while and watch. I am glad I did...

How someone knew something is the question here because that someone had to have an inside track at the FDA, which brings me back to my conspiracy theory...LOL...