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Forum - VERSARTIS, INC - VSAR   

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From: investorjohn (Rep: 56) reply to spudsDate: 11/16/2017 14:17
Forum: VERSARTIS, INC - Msg #264Thread #673966899 (Rec: 0)
I see the pop today as a trader pumping. Good luck with the calls. May work...Re: VSAR..I am holding 50 of the march 16 2018 ...2,50 calls.....I bought 20 call...





Reply to spuds - Msg #2701905 - 11/16/2017 14:08

VSAR..I am holding 50 of the march 16 2018 ...2,50 calls.....I bought 20 calls today at 25 cents....my average is higher than that from earlier purchases.......this gives you about 4 months for something good to happen .....since their trials showed that they have a product safe and effective although it did not prove to be non inferior I think there is some value here above where it is now trading ......formerly trading over $20, I could see it has some chance to trade above $5 between now and next 4 months ....the pay off would be about 10 to one if it trades at $5.......I have no idea whether this might ultimately prove to be a profitable trade or not but the odds seem ok ...
What would you like to do? Message: Endorse | Bookmark | Report AbuseUser investorjohn: Reward | Watch | IgnoreVSAR: Ignore

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