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Amicus Therapeutics, Inc. Message Board

  • budkevlar budkevlar Dec 13, 2012 5:42 AM Flag

    With the CT order coming out it will go one of two ways.

    Last week Amicus, from my limited knowledge, made it possible for even more stock to be picked up and now the CT order comes out today. The first way I see this going, which I HOPE it does, is that the extra stock being out on the market allows GSK an easy in for a lower price. The CT order maybe keeping under wraps the plans for more shares to go into GSKs pocket for a buyout. Greater profits for GSK as the share price rises.
    The other option is that the news will be bad. From multiple articles I have read, that negative news would put FOLD in the high to mid 2s. With the extra shares on the market it will allow GSK to short the stock or purchase mass amounts on the low end to lessen the losses. Doing so would cause a bump in the stock that normally would not happen because of a mass exit from the stock. It would also lessen the bleeding from their initial investment that put them at about 20% ownership.
    Let's see what happens

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