Tuesday, July 15, 2008

Port 24

Quickie post -- used up the rest of my cash this morning with 400 more Elan at $33.54. That puts me at $95.92 in cash and the following positions:
2000 SUPG (-20), 2000 NBIX, 1000 ELN, 2000 DNDN (-10), 1200 TASR, 2000 ARNA, 1000 SGMO, 500 CRME (-5), 400 NVDA (-4), 400 ELOS.

Cardiome should be exercised Friday, and SuperGen will be freed up. Elan should be pushing $40 or so by the first of August and I will either sell some shares outright or sell $40/$45 calls for August or Sept.

Regards,
Trond

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