<< But I'm still on the bid for those $2 March calls if you're feel like lowering your cost basis >>
I sold the calls only on part of my position, can't take all potential upside away, especially not for 5 cents per share. Right now daytrading on part of the position looks more attractive with these 5% swings.
And if a partner is imminent, they would want to complete a deal before then for fear the company might say something positive that would make a deal more expensive.
If the data was as good as everybody thinks it is then the partner would have partnered before the data was released as that would have been the cheapest if the data was good.
I guess we are no longer standing behind the previous statement that it would be a bad sign if the data was released before a partner was announced? All imo.
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