The insiders have sold off heavily (as per msn finance) so obviously it wont push back beyond 8.75 without better news. Everyday I think of adding more to my holdings but looks like it has to go donw further before moving up?? what is the general consensus longs? inputs appreciated.
IMO, the play is an eventual takeover, simply because of the balance sheet (no debt), the royalties (yes, which I know some are ending) and the economies of scale with the whole Euro connection. Again, to me, this just looks CHEAP relative to LT value and that is why I'm long on this one as well as another similar, yet different Rx with a similar ticker known as $SGEN. Good look and imo, hang on for the ride UP. GDS