Sun, Sep 14, 2014, 10:18 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

ONYX Pharmaceuticals, Inc. Message Board

  • bearofbleecker bearofbleecker Jul 18, 2013 7:47 PM Flag

    "Sources"?

    Let's not be so naïve as to think that the market was stampeded by unnamed "sources" stating that PFE was not going to bid. I don't think that anyone imagined that PFE would be an active bidder. This was a staged bear raid. Whether the intent was to pick up shares cheaper or not will become clear eventually. I still feel that the arbitraged price is 134. I think that options expiration tomorrow will tend to drag this up. I look for another dip at the open, which I will buy into. Still holding all my pre-AMGN shares, plus another 500 bought at the close. Our prior 47 point bump makes this easy. I traded the movement today and lost $860 in my regular account (tax deductible) while making $880 in the IRA. I think that someone is playing games, but that all of the danger is on the short side. Big fun.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Sources have safeguards from getting sued by SEC. Preet Brahrara told CNBC--if you read the full transcript given to a reporter--they always a statement-- I think,I hope,I expect---not attributing it to any co.This is a normal trick by hedgies--which is difficult to proscute although a modified LIE.

    • This is how I plan on playing it as well .. I bought the 130 put myself and I caught the news early. So I plan on a decent sell off in the first 30 min. of open then I am going to sell out.

 
ONXX
124.700.00(0.00%)Sep 30 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
21Vianet Group, Inc.
NasdaqGSFri, Sep 12, 2014 4:00 PM EDT
Darden Restaurants, Inc.
NYSEFri, Sep 12, 2014 4:03 PM EDT