Since I haven’t been to Vegas in quite a while, I bought “whale-like” amounts of [[ELN]], @ $10.92 basis (10:08 ET).
Check out this long tail down pattern. I’m playing for the bounce. This stock is waaay oversold.
This whole story on Tysabri is getting such negative press, it borders riduculousness. Medical journalists always love toxic drug stories. Two people in the EU develop non-fatal side effects and the stock gets slashed with a thousand knives?
The people I talk to say MS patients, doctors and pharmacists love this drug because of its effectiveness. The FDA has not issued a statement that I know of today.
Disclaimer: This is a “roll-the-dice” stock for tuxedo-clad gamblers. Trade with your comfort level for risk in mind.
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