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If you are young and you drink a great deal it will spoil your health, slow your mind, make you fat - in other words, turn you into an adult."- P. J. O'Rourke
Today, we take a developmental biotech company whose stock has been hit hard both by recent disappointing study results as well as the huge market meltdown over the past few weeks. The shares set up well for accumulation and even better for a covered call option strategy we will describe at the end of the article.