Discussion in 'Stocks' started by trader#21, Mar 3, 2010.
currently the scalpers heaven
fortunes lost and made on that one
anyone know of how to find a list of companies with upcoming FDA approvals?
Bad news or a 4:1 split?
Guy in my firm blew out on it. Lost >1MM.
Overnight hold I assume...don't get how someone can hold such size overnight unhedged most likely, pre-FDA announcement... :eek:
When I started my tradestation it was at 11.60. It was free cheese btw 8:00 to 9:30. Not trading it now.
Come on, who would hold that many shares long overnight pre-announcement? You use option spreads to play that game. What kind of firm ya'll working for???
I was wrong, anyway. He bought 50k on the BO at 29 in November. He's out $800k from cost-basis.
He's been long for almost 4 months. Sick to let something run from 29 to 44 and not book it.
Separate names with a comma.