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ELN Trade

This morning, I bought ITM calls in ELN, Elan Corp. plc, after a technical breakout above $15.50 on the intradays. Check out the chart while you're here.

I'm listening to the CC from this morning and I'll be posting up my thoughts on it once I'm done listening. So far, I have to say I'm still very optimistic about Tysabri's sBLA (as I have been for the last 9 months).



2 Responses to “ELN Trade”


By buckobrennan on January 31st, 2006 at 4:33 pm

i sold covered calls recently on eln. feb. 06, 20’s . eventhough i’m bullish eln i can’t see this stock breaking out that high before fda ac meeting in march. jmo-bucko

By DLAM on February 1st, 2006 at 7:35 pm

I was in at 15! =]

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