Monday, January 8, 2007

Imclone - IMCL

BusinessWeek reminds that big news could be coming from IMCL - (Click Here)

The at the money straddle is trading at $3.30, which is expensive. The OptionsExpress calculator gives the straddle a theoretical value $2.30. This situation is almost make or break in the near term for IMCL and even at over $3 the straddle might be worth considering.

Any one have Martha's number for the inside scoop??

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