Why do so many people think they will be bought out?
I just don't see it. However, there was a post somewhere today, that Arena pulled Belviq from Europe as it would convolute any buyout. I am kind of paraphrasing it, so I hope I got it right.
There is some logic to that theory. Lets face it, that had to be one of the least informative CC's I have ever heard. It may have been by design.
Bottom line is the DEA is FINALLY done, and none of us know what happens from here. I've held these shares a long time, and will continue to hold them. Again just my thought and HO.
The know that Big Pharma is ruining out of novel drug treatments. They have a lot of cash and strong balance sheets and need to leverage both into new drugs that are approved and not just in trials. This market is huge just in the US add to it the rest of the world and other indications and this is a home run. Then add the pipeline and it is a steal 8 billion bucks.