22thoroughbred

Earnings Preview: Schering-Plough Corp.

I am long the common from the $14-$15 range and long even more of the Preferred B in the $150 range, gotta love a 10% yield and a 25% upside in about 5-6 months, is convertible into between 750 and 900 shares of common depending on avg. price for 20 days before exp. in late '09. It was issued at $250 with an 6% ($15) yield initially