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Wrinkles

05/07/10 4:05 PM

#28510 RE: Biotech Investr #28509

4th and long, punt, play defense!

mkt_predictor

05/07/10 4:26 PM

#28511 RE: Biotech Investr #28509

Personally, I am holding CYTX for better days ahead. Earnings and clinical results were better than expected IMO, and it won't be long before the market settles and values the stock appropriately, which is higher than where we currently are IMO.

You went pretty heavy into options and while that may pay off in a good market, things are very iffy right now. Once things settle, I would then take an accounting of where you stand relative to your approaching options dates. Acting right now would be to act on emotion like the rest of the market. It's better to let the dust settle IMO. Just my two cents.