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PDL BioPharma, Inc. Message Board

  • thetopper4 thetopper4 Feb 5, 2014 7:43 PM Flag

    Looks like there was leakage for a few days on the highly dilutive debt offerring

    It would be nice to be on the inside slate at PDLI and not have lost 23% of my money. Something smells rotten when share volume is examined over past few days. Hope the SEC gets a call.

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    • Let's see....the precipitous drop this week started with the dispute settlement with Genentech and Roche.. then potentially dilutive senior debt offering announcement today. On the upside, these don't seem like the actions of a company that plans to wind up operations anytime soon. Hopefully, PDLI has some highly accretive investments or acquisitions in the works with this funding, and they can avoid reducing dividends The really bad part of this situation is the uncertainty of it. Hopefully, management can illuminate this darkness at the BIO CEO Conference next week. I sure hope they don't stonewall.......

      Sentiment: Hold

 
PDLI
5.25-0.16(-3.05%)Sep 2 4:00 PMEDT