Replies to post #4436 on Biotech Values

[Skeptic]

RKRW - OT-CGTK

You're absolutely right about the results being a toss-up. I was starting to get a little too confident. I was actually considering not hedging on the downside so thanks for the wake up call. Mgmt has done everything right to ensure that IF the drug does work, the trials will show that so at least they are minimizing trial risk.

I had thought you were long and optimistic on this one. Regardless of whether it works or not there is money to be made playing the event with an appropriate straddle. This is really a do or die for them - 5 or 30 in my opinion - along the same lines as AGIX.

Anyway, you didn't actually here anything at R&R that triggered your spidey sense, did you?

Thanks