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Who gives a rat's ass what the inconsequential idiot says? Come on, pay attention! There are no Dutch, French, Spaniards, Belgians, Austrians, Corsairs, Visigoths or Druids. There are only Germans.

Could you kindly cast whatever Svengali-like spell, which has so ensnared TradeOff and the rest of the juvies, on Pabst to keep him from leaving? Also, if you have some kind of Anti-Svengali repellant, there are any number of ET miscreants on whom we'd appreciate it being applied. TIA.

Thanks, GA. That certainly makes sense. So I take it then that this is pretty much par for the course with these studies. Is that correct?

Okay, I'll start with a disclaimer -- my knowledge of the FDA process in general and OSI in particular is spotty at best, and had very little to do with why I put the trade on. But after watching an interview with OSI's CEO on CNBC just now, I have to say that something doesn't seem quite right...

Don't do it, man! Don't let them win. ET needs you!

Hey, I have an idea. For simplification purposes and to save time by having fewer letters to type, what's say we all agree from now on to refer to Europeans of any stripe as "Germans" since that's what they'd be were it not for us "uninformed", "gullible" and "deceitful" Americans? Sound like a...

That Western Europeans are clueless, hypocritical, ungrateful and irrelevant? Yes, I agree wholeheartedly.

Actually, I suck.

Hey, that makes two of us! But I don't know whether that makes me feel happy or frightened. :confused:

Sure looks like it. Must be plenty of shellshocked shorts. And I don't think they have a hedge. I'm showing the 60 strike as the highest in the series. Ouch!

Was the Court's ruling in pig latin?

Go listen to Richard Posner. You might find it enlightening.

Oh, I bought the put fly which was a little cheaper.

Which? IMCL? I got mine for $0.90, which I believe is still the prevailing price or close to it.

Okay, glutton for punishment that I am, just bought some cheap front month 70 strike IMCL flys. Nutty sector.

Yeah, I should've listened (bastard!). I just found it tough to buy vol at those levels. Oh well. At least I kept the bet very small. But there could be an interesting side effect that might create some short vega opportunities in some sympathetic stocks in the sector (i.e. DNA, IMCL). Of...

:eek:

It has to do with duration risk. Okay, just contemplating the subject did the trick. I can now go to sleep. Thanks and goodnight.

Add $25k+ per kid for private school tuition and you'll start to understand why we love the Big Apple so very much.

Mav, while Kerry's as phony as they come (and in all likelihood a closet Frenchman), I actually find the above somewhat comforting. After all, such impressive wealth and an obvious taste for the finer things it can buy, together with a possible inclination for tax minimization schemes, might...