Replies to post #10864 on FDA Plays

[kei]

thanks pcrutch...i'm still learning about options.

OREX - i got in OREX after the favorable vote ... so i didn't make huge profit like most who got in before the vote ....but i got in after the hot fever... around mid 8 and sold at upper 9 the other day....

SPEX - 0.56 ...cut in half from 1.05 the other day after the financing news

but they do have pipeline...
http://www.spherix.com/biospherics_pipeline.html

[raijin]

Straddles and strangles can be disastrous if the FDA requests for a short delay and the option expires shortly after a decision date- like what happened to QCOR a couple months ago.