@jclu, Plenty of times when earnings are out on Thursdays after the close (atc), they act up based on Open Int (OI) on the following day (Friday). They (Market Makers..MM) want to kill all the call/put premiums. Mostly. In this case, the same thing has happened. If you heard the conf call, you know where this company is headed. That's why I play long and let the plays workout. It is a bio tech company and nothing moves lightening fast. This is a great company and soon releasing their breast cancer drug into Canadian and EU.
Hope this helps.
jclu
⋅
@lousyjets, thank you very much for your reply and explanation. This stock is really undervalued IMO, hopefully the market will wake up soon. Figures crossed.