i own AMGN and CYTK..Onyx turned down the offer as being less than what they beleive is the true value of the company.
Why people would lie about something that is so easy to research is beyond me.
This is why you can't believe what you read on MBs. Newbies beware.
To compare CTYK to Onyx is absurd...
on all MBS, you have pumpers who want to sell high and bashers who want to buy back low. Stay away from them or be aware of them. 30% pumpers, 30% bashers, 20% have no clue, 10% think there is a conspiracy,while just a game you need to learn through years of work. 10% know their stuff. They have an idea of the value of the company, or know how to read charts or the tape to see bear plunges and so on. 10% want the SEC watch for them any short squeeze they call manipulation. We d not need more government but more self-reliant and responsible people, who take responsibility for their mistakes.
dont believe everything u read on a message board. on the contrary, onyx rejected amgen's 'low' bid. cytk is a gem in its own right with at least 2 potential blockbusters. but the reality is nothing approved yet... buying at these levels may be a good risk/reward proposition but patience is key!