Replies to post #1609 on Chelsea Therapeutics Intl Ltd fka CHIP

[KingDMC]

Risk/reward level as you've said is awesome and I couldn't agree more with your post. I think many "sideliners" are looking for some sort of hint at an approval on the 14th and the activity here reflects it. Many don't know whether to go long or short, but ill tell you one thing, I've done hours upon hours of DD and this is a winner Imo. I would not short this. Even if we get a delay, I see that as a positive sign as the MF article states!

[Nolerman]

That's acceptable, 3X is fair bellwether. Right now, it is trading as a pre-revenue company might with prospects but no paychecks. It's expected to have volatility and slow bleeding I to a binary event. I won't prognosticate one way or the other, I am an options trader and trade for high percentage, high profit situations. My first impression with a gun to my head, they look strong going into the FDA decision, and I would likely profit 1000%+ in that situation as opposed to ~500% on a denial (assuming drop to $2 area). But as I said, I don't buy shares in my trading account, only my core, and my core holds 4 Biotechs fairly heavy. SRPT, LLY, PFE and GILD. GL to you