The main thing to realize is that if the J&J deal is not fixable, then the deal is off, and ELN still has tysabri.
The only thing I wonder about is if our CEO obligated ELN to pay for a deal cancellation,,,even if the fault lies with the agreement that J&J pushed for.
J&J really believed that the hidden jewel was getting the COC, at least that is what the J&J CEO said,,,and it is probably how it leaked in the first place. But in reality, it was buying 18% of ELN for a slight premium,,,and getting control of ELN's half of alzheimer's for free. The "hidden jewel" was the CEO bragging about really pulling the wool over ELN's eyes.
Well now the wool is off. And maybe we are back to an OK deal and ELN can go up over 10,,,and stay there if management can control themselves.