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Optimer Pharmaceuticals, Inc. (OPTR) Message Board

  • alternatepatel alternatepatel Jul 16, 2013 10:55 AM Flag

    Why its taking so much time? Frustrating.

    its taking very long in the bidding process, i hope they are stuck at negotiations above 22$/share

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    • jfriedz87 Jul 16, 2013 11:15 AM Flag

      Yea this does seem to take awhile. A few viewpoints as to why:
      1) Due to the options grant and independendence issues prob some extra due dilligence needed
      2) Multiple Bidders still left , so prob a lot of pithces, mettings, presentations, and negotiations and the back and forth.
      I really hope they are in negotiations of at least 20 per share. That is all I need. I bought the Sept Calls thinking this process would take awhile. To be honest if a deal didnt happen by Sept or at least the bidding ranges announced , id seriously start to be concerned if a deal is going to get done. Hopefully some news hits soon and this will prove to be some nervous jitters being cautious.

      Sentiment: Strong Buy

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