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Posted on July 3, 2012, by bsifling, in Blog, In-Depth Articles, Watch Lists, tagged
Don’t you think OREX will spike again when VVUS’ receives its answer from the FDA (PDUFA 7/17/12), regardless of answer? This is only 13 days away.
It very well could, but everyone also expects that now. The market loves trickery. I will be holding my puts, and if we dip under $5.00, I might go long in the low to mid 4′s.
I have puts on OREX too and I am holding them as well..
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