I cannot believe OGXI is selling for $10, although those targets may be overly optimistic. What are we going to need to happen for this to make a move closer to its real value? Do you have any realistic scenarios in mind? What was the deal with Teva and what are the implications of that deal?
Don't believe these price targets hold anymore.
Much of the profit potential has been lost due to Teva's funding partnership.
It's still a good deal but a full buyout by Teva would seem to be more likely ending IMHO!
Because of the low float, I do believe that under the right circumstances this could be manipulated to go to 40, but it is more likely to only see 15-20 as a rough target in next two years.
And that is priced for perfection.
% of Shares Held by All Insider and 5% Owners: 9%
% of Shares Held by Institutional & Mutual Fund Owners: 50%
% of Float Held by Institutional & Mutual Fund Owners: 55%
Number of Institutions Holding Shares: 71