Dr Wang, Blueridge, and others I respect on the board . . . Anyone have any thoughts on IDRA (Idera Pharma). I ran across them last week when I heard Baker Bros purchased 4.5 million shares. It's been on an upward move and fast . . . could this be "real?"
I own IDRA and think it is a wise play at current levels but got in lower/earlier. The director bought $500.000+ of it about 10 days ago in the open market. Obviously a lot riskier than ACAD but the price vs potential reward is certainly seems right.