I've been watching this company for some time looking for an entry point. Recently, insiders dumped a third of their shares. This makes nervous. Any longs here think this is a good time to get in? Thanks.
Yes..even though we had a pop today. This typically trades above the $90 range. Any positive news out of England in regards to approval and we'll rocket over a $100. any more rumors about Roche buying us out...Same situation. Only good news ahead.
Given the recent drop in price, the price range puts ALXN back in a more favorable position as a takeover target by some big Pharma. Goldman Sachs put ALXN as a takeover target almost two years ago. Yesterday it was rising at unusually high volume. I do not know of any obvious reason for the unusually high volume.