wwwPosted Feb 7th 2008 10:26AM by Paul Foster
Filed under: Earnings reports, Options
GlaxoSmithKline (NYSE: GSK) is recently down $3.75 to $42.13.
GSK reported a declining Q4 pre-tax profit and warned 2008 earnings will be negatively affected by decreasing sales of diabetes drug Avandia, competition from generics and a weak dollar.
GSK overall option implied volatility of 26 is near its 26-week average according to Track Data, suggesting non-directional risk.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
| # | Blogger | Posts | Cmts |
|---|---|---|---|
| 1 | Joseph Lazzaro | 111 | 0 |
| 2 | Tom Johansmeyer | 103 | 0 |
| 3 | Steven Mallas | 49 | 0 |
| 4 | Tom Taulli | 46 | 0 |
| 5 | Connie Madon | 45 | 0 |
| 6 | Trey Thoelcke | 36 | 0 |
| 7 | Steven Halpern | 35 | 0 |
| 8 | Mark Fightmaster | 33 | 0 |
| 9 | Paul Foster | 24 | 0 |
| 10 | Brian White | 24 | 0 |
| 11 | Zac Bissonnette | 23 | 0 |
| 12 | Brent Archer | 21 | 0 |
| 13 | Jon Ogg | 21 | 0 |
| 14 | Jim Cramer | 20 | 0 |
| 15 | Melly Alazraki | 19 | 0 |
| 16 | Eric Buscemi | 16 | 0 |
| 17 | Michael Fowlkes | 15 | 0 |
| 18 | Michael Shulman | 13 | 0 |
| 19 | Sam Collins | 11 | 0 |
| 20 | Elizabeth Harrow | 10 | 0 |
Find out why more people track their portfolios on AOL Money & Finance then anywhere else.
Other Weblogs Inc. Network blogs you might be interested in:
Before the bell: Stocks ready for a lower open after reaching 13-month highs
Ray of light: U.S. temp worker hiring increased by 34k in October
Goldman Sachs CEO Lloyd Blankfein pulls a Jeff Skilling in an interview
