Alright, with the market taking a hit I would like to hear everyone's thoughts on stocks that are ripe for buying puts and explanations, please.
post #1 of 10
1/29/07 at 2:59am
Originally Posted by rossiTK
07:26 ET InterMune tgt cut to $16 at Jefferies (ITMN) 28.05 : -Update- Jefferies cuts their tgt to $16 from $20 following hoalt of Actimmune Phase III trial. While they believed the Actimmune study for IPF to carry a low probability of success, they say this news was unexpected and clearly a negative for Actimmune off-label sales ($90M in 2006). With no apparent catalysts until 2H07, the firm expects the stock to continue to come under pressure.