I don't have sub so i can't see it but a friend said Amgen valued ONXX at 38% above its closing price (round number $130ish) Thats helluva big move if this story gets legs- long small pilot position via August 130s options
That's just Amgen; there are other competitive bidders.
38% above the close yesterday, or the close when the deal was leaked out 2 Fridays ago? I don't have an online subscription either.
I have always thot ONXX was worth 140-150 in 2014, I hate the thot of selling at 130-140 and giving up a sure p[lay for the next few yrs.
IMO, of course...
I am holding this one for a long time.