Thomas Wei is the analyst who said buy and boom up $5.00 now he is saying $18 after earnings. This guy knows what he is talking about. Read The StreetI nsider article from today, he says there is buyout talks going on with pharmas. BOOM !
I don't want to try to change your mind but thats not the way a buyout offer comes. The company can't tell anyone news like that unless it's a broad release. I have been in this stock a long time and i even have it in two accounts, My Long and my trading acct and while a buyout would be a good fit for any large bio, i don't see it happening till they are closer to their goal.
May need to calm down a bit. If the Co. had indicated there was strong interest or that a buyout was looming then Mr. Wei would have significantly RAISED his target , not held it at $18. Still , this is pretty interesting news.
Agree. I actually hope this stock does not hit its stride until late this year. Everyone is getting excited on just an interest comment. These things take a while to play out if anything is even going on. They will probably be quiet tomorrow on this topic and then the price will go down.