something that I find quite surprising here as there has been a nice 50% move in the price in the last several days.
movinI agree an equity purchase by the partner will be at a much higher price than the trading price of the stock.
""""could be $3B IMO (wordwide & several indications)also partner will take an equity stake in NBIX .....""""Boxcar..I won't predict what a partner will pay but will say that even if the deal is just half of your number were going to hit $15 on the news.I have seen deals where a partner takes an equity stake of which a few are at numbers well above the trading range. In fact I saw one a year ago (I think maybe a little longer) where the partner paid over $25 for a stock trading at something like $5 a share at the time.
I have been trading biotechs since 1992. IMO, NBIX could see $10 by Y/E on positive pipeline news. Wild Card is GSK/NBIX depression drug.yap...... supply is dry'n up at $4.00 range, heading for greener numbers........ $5E partnership within 45 days
Trading always does seem to dry up whenever the market is expecting another binary event - "ladies and gentlemen, no more bets please, the wheel is in motion". Usually followed by mad panic - either buying or selling.