I am still holding SVNT. It seems to me very high probability given the 14-1 vote, orphan drug status, SPA, etc.
I have considered selling the stock and buying Aug or Sept ATM calls to free up cash, but given the premiums, there isn't as much to be made unless the stock goes into the 20's. That won't happen with FDA approval, but it might with takeover offer.
I'll probably buy $10 puts just in case.
RIGL's board is quite dead. I wonder why, given the relevance of R788 for their pipeline.