Wednesday, December 03, 2008

CVTX is a MUST OWN here...

Why is the 1st post I am doing a Stock Pick?

Because it is SO compelling, I want my name on this under $9 a share.

Listen to this conference call and tell me that you don't think this company is going places:

Click Here

I predict (and I'm not alone) that a Major US Pharma company will step up (soon I think... REALLY) and scoop this firm up and do so at a nice premium.

Today's close was $8.92. I wouldn't be surprised to see a BMY or a JNJ step in here at $18-20 at a minimum to grab the whole firm.

Color me VERY long here under $9 and also color me Very long the April $10 calls @ $1.50 (in option lingo) or $150 each in the real world. These will be worth $100 each for every point CXVTX is OVER $10 by the 3rd Friday in April (the 17th)

My prediction is that CVTX will be $15-16 at a minimum at some point, between now and then, taking these options up over 4x their current price to a target of $6.00 or $600 each.

That's my opinion, that's what I am doing Now.

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