I rolled my CLDX positon into OMER recently and I'm up 30% on this move. Does anyone here have any information on the historical accuracy of Wedbush's price targets in the past. If OMER gets halway to their lofty price target for OMER I will be happy.
I did the same. CLDX had a nice run, but it was getting bloated. Sold CLDX at 35.50 and bought OMER at 10.05; worked out pretty good. As for Wedbush, I've heard of them and played in some of their covered stocks, but never stuck around long enough to see if the PT played out. I think it's a safe bet here. I'll wait to the announcement of offering to add though. I just hope it comes soon, otherwise it may strangle the pps.
I originally got into CLDX at 9.34 so I had a great run and I think CLDX got ahead of itelf. I sold at 37.00 and bought OMER at 10.42. Offerings are not always a bad thing, as was the case for RDN and ACAD.