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Alkermes plc Message Board

  • cyoung8404 cyoung8404 Feb 1, 2013 2:08 PM Flag

    Elan's stake could be sold by the end of the day...

    At this rate, over 4 million shares and two hours left of trading, Elan's shares of Alks could be sold off by the close today if Elan has been aggressively selling. Based on the fact that Alks is clawing its way back, the stock price could easily climb over $22 when Elan is done selling. I would buy more even at this price, but I already took a sizeable position in the A.M. Best of luck to longs and have a great weekend!

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ALKS
49.79+1.21(+2.49%)Sep 27 4:00 PMEDT