What happened to MEDI today

Discussion in 'Trading' started by bundlemaker, Dec 17, 2002.

  1. I looked for some news but couldn't find anything. Traded 3,800 shares intermittantly. What gives?
  2. there was a a regulatory review of its flu vaccine
  3. medi was halted awaiting flumist results from FDA. They received limited approval. stock should bounce on Wednesday however they do not have approval to use the product in the 50 to 64 age range which is the largest market. Approval for this age range could happen at a later date. There are also some issues with children under 5. I was long this rascal since Friday. A little anxious today to say the least but I think I should do ok. I sold covered calls just in case. :)