My super bold prediction on AMGN

[IShopAtPublix]

I say take a short position in AMGN (puts are the best way). 60 strike price and prepare for some fireworks in a few days.

 

[Equalizer]

care to elucidate further?

 

[IShopAtPublix]

Target price 54-56 at least. It could gap down there tomorrow.

 

[IShopAtPublix]

I decided to bump this thread because I feel confident about what will happen to AMGN this week. So did anybody follow my advice or thought the same about AMGN?

 

[psytrade]

he is suggesting that the Democrats when elected will limit the cost of expensive drugs like EPO, etc... that AMGN produces.

 

[IShopAtPublix]

Quote from psytrade:

he is suggesting that the Democrats when elected will limit the cost of expensive drugs like EPO, etc... that AMGN produces.

I don't trade on fundamentals EVER. I am just fading the markets as always.

 

[IShopAtPublix]

Watch AMGN... After a slow and lame start it is beginning to go into the proper direction. That is why I love options. I can "sit" on a position without a margin call. Can't wait to sell my puts for more than twice what I paid for them.

 

[IShopAtPublix]

Taking candy from a baby. I will get out at 54-56 depending on the situation.

 

[IShopAtPublix]

*Crickets* Here is a screenshot of my position on my "imaginary account"

 

[pma]

ISAP-im gonna say it. Great trading! You know there whould be no *crickets* if you had a losing trade. WTF is up with people anyways???