Doctor Jack's Stock Medicine

[Jack Haddad]

Mrvl

Bought 15 blocks at 19.78-19.80, and wrote 1500 Jan 20 calls at .85/contract

Covered Jan calls at .05/contract and wrote 1500 Feb calls at .50/contract

[Jack Haddad]

Slb

Bought 2 blocks at 59.43

Sold at 60.43

[Jack Haddad]

Yhoo

Bought 3 blocks at 27.59, and wrote 300 Dec 27.50 calls at 85 cents/contract.

Sold the shares at 27.81

[Jack Haddad]

Qid

Bought 5 blocks at 51.60

Sold 5 blocks at 52.36

[Tatnic]

Covered Jan calls at .05/contract and wrote 1500 Feb calls at .50/contract

you could have bot those back for a penny, not a nickel. That would have saved you $12,000. I sometimes wonder if you're making all this up?

[Jack Haddad]

Tso

Shorted 2 blocks of TSO at 78.58

[Jack Haddad]

Slb

Bought 2 blocks at 62.61 and wrote 200 Feb 62.50 calls at 1.65/contract

[Jack Haddad]

Tso

Shorted 2 blocks of TSO at 78.58

Covered 77.88

[Rob]

Covered [TSO] 77.88

Looks like a wise move, Jack. I haven't looked at any fundamentals on this one, but technically it looks to me like it could move up significantly from here.

[Jack Haddad]

Slb

Bought 5 blocks at 61.63

Sold at 62.22

[Jack Haddad]

Imcl

Looks like a wise move, Jack. I haven't looked at any fundamentals on this one, but technically it looks to me like it could move up significantly from here.

Rob, I'm looking into establishing a huge position in IMCL. It's the best biotech compnay out there.

[Rob]

Rob, I'm looking into establishing a huge position in IMCL. It's the best biotech compnay out there.

I don't know about the "best," but I sure like the sound of those words anyway. The thing about this company is that the street absolutely hates it. Any good news for the company is immediately watered down in press reports, and any slight glimmer of anything remotely positive in a small way from one of its competitors is unfailingly heralded as the beginning of the end for ImClone. It has been going on just like this ever since July of 2004.

OTOH, if the rumored merger deal between BMY and SNY is true, this is liable to draw a lot of investor attention to IMCL. Whether this would be viewed as a net positive for the company remains to be seen, but I think it would.

[Jack Haddad]

Tso

Shorted 3 blocks at 81.63

[Jack Haddad]

Tso

Shorted 3 blocks at 81.63

Covered at 80.88

[Jack Haddad]

Imcl

I don't know about the "best," but I sure like the sound of those words anyway. The thing about this company is that the street absolutely hates it. Any good news for the company is immediately watered down in press reports, and any slight glimmer of anything remotely positive in a small way from one of its competitors is unfailingly heralded as the beginning of the end for ImClone. It has been going on just like this ever since July of 2004.

OTOH, if the rumored merger deal between BMY and SNY is true, this is liable to draw a lot of investor attention to IMCL. Whether this would be viewed as a net positive for the company remains to be seen, but I think it would.

Ron, always be in stocks that have fallen out-of-favor.