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NotRichYet2

01/14/13 1:20 PM

#7185 RE: kris_kade #7183

Not familiar with what you call "term sheets" - Can you explain or give me a link ? TIA
Seems there is always something MORE to learn in reguard to bio stocks.
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TOB

01/14/13 1:21 PM

#7186 RE: kris_kade #7183

I agree. The key resistance is at $31.30, I don't see the lines below that as significant on a positive news catalyst that results in a rally.

That size move, 345%, is lower than the Implied Volatility on both the January and February '13 options.

The monthly chart gives us an idea of the potential here.