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ONYX Pharmaceuticals, AŞ Message Board

  • aapl_dumpling aapl_dumpling Sep 6, 2013 8:33 AM Flag

    My final post here: Shareholders were screewed


    Folks, these opps for long term real appreciation are not easy to find. ONXX would have been at the buyout price in a year from now anyway. The 52wk high was above $100 already... In 4-5 years, this stock would have made many rich, including me. Yes, it has been a nice run, and I made money. But this could have been so much better...Some (mngt) wanted their riches now, however, and were willing to take a MUCH lower price now on a buyout than have to wait (boy, do people hate to wait for stuff now days). Why? Because they could cash in on accelerated stock options and use that present value to just move on. That said, I will wait until the ONXX exits my account at $125 and move on. What a disgraceful decision by management. JMHO.. And GLTA

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