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Idera Pharmaceuticals, Inc. Message Board

  • eduardohernandez92 eduardohernandez92 May 9, 2014 5:25 PM Flag

    My gut tells me IDRA is a buyout candidate

    I have been giving this a lot of thought lately and the more I think about it the more it makes sense. Now, mind you, this could be said of many small biotech companies, but here are my simple reasons why for IDRA:
    1. Relative small number of shares in float (75M or so) 2. So far, excellent Phase 2 results...look it up, many companies with P2 results have been snapped up. 3. Big Pharma companies are lacking drugs in their pipeline and are looking for cancer drugs for their future. 4. Abbott as their first partner is no slouch mid size company, so we are on the radar of Big Pharma, no doubt. 5. Board, management team and new hires are very qualified/smart individuals and a buyout would be a great return on their investment. 6. As Russell Wilson, Seahawks QB, said to his team before last season began "Why not us!" Now please, this is not a prediction, nor do I have a price or timing in mind, again, just a gut feel. Your thoughts?

    Sentiment: Strong Buy

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IDRA
1.56-0.04(-2.50%)May 25 4:00 PMEDT