Considering the amount of lawsuits this has caused, will a higher price for SNTS resolve this? Any reference to similar situations in the past? Comments?
Sentiment: Strong Buy
worked for Wyeth labs when they announced to acquire warner lambert and gain rights to Lipitor. Pfizer wanted Lipitor and filed suit under the same rationale...board hadn't acted in shareholder best interest. warner lambert ended up going to Pfizer for a higher price
Good morning SK--I think quite a few of us are enjoying a nice glow this morning.I decided to go ahead and sell this morning as I prefer to stay as far away as possible from lawyers.Thanks to you I am +70K this morning and if you ever decide to put a cruise together for some of the loyal ones ,count me in--it just sounds like the possibility of a good celebration.I hope this management team stays together and that I can keep track of their whereabouts.GLTA
Would love to now what the Board of Directors was thinking making such a low offer and there response to all of the lawsuits. For me December 21 can't come soon enough to lock this in as LT Cap Gains and get out of this stock. I have been looking at Biomarin which I think is a litlle like Santarus - if it anyone wants to check them out the symbol is BMRN.