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Closing ADLR (Adolor) outperform

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December 10, 2007 – Comments (0) | RELATED TICKERS: ADLR.DL

I think I called this one pretty well. I'm ending the pick now because I don't think the Pfizer deal is worth quite what the Street is giving. Momentum is still good so I may not be catching the top, but I'm trying not to be greedy. The 33CL230 trial data is now much more dangerous as is the Entereg PDUFA decision. I may short if the market cap goes over 300M without new positive catalysts.

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