News Coming ALBO

This company Albireo heading toward what it calls "arguably the most important moment in the history of our company," it's offering info encouraging enough for Baird to make the company a Fresh Pick with more than 100% upside to 52%. What is difficult to overlook is if news is coming as the company suggests due in weeks - you must conclude from this chart that the news is good and insiders are buying the stock before it is released.

Comment:

Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. Investors in the underlying stocks are expecting a big move in one direction or the other. Such an event is coming up soon that may cause a big rally or a huge sell-off. We have large blocks of Puts at $15 and other high call at $40. Both are expiring on 9/18 or 10 days.

I believe the move will be on the up side because of $4 million purchase at $27.50 on 8/20.

Comment:

Well the news was positive I exited my position at $39.12 a $15 per share profits