OmiKell (< 20)

SOLVAY - SOLV.BB set to go down

August 03, 2009 – Comments (0) | RELATED TICKERS: AUXL , CVTX.DL

http://digg.com/d3zTmX 

Solvay had a good rally in July, boosted by the potential selling of its pharma branch.

It appears that the management is not too excited by the offers that came lately and don’t want to evaluate a sale of its Pharmaceutical business line at this price level.

I speculate on the non-selling, believing the market still expect a sale. Option Put on Solvay @ share price 69.50€ on the 3/08/09

Solvay is not followed on MSNCAPS but has a relationship with CVTX:CV and a competitor of AUXL