He never said that.... He did say there would be a takeover,but never said a price. He has been correct sometimes and he has been dead wrong sometimes. However he did say the stock is over valued. Anyway if there is not a takeover this is still a good company they are in testing for some new uses for the orphan drug. It will just take time. I have owned this stock for awhile if all my stocks did as well as this one I would not be working. Good Luck and Good Trading!