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Genomic Health Inc. Message Board

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  • afriendofthedevilsafriendofmine afriendofthedevilsafriendofmine Jan 17, 2013 1:07 AM Flag

    ASR - once more

    I follow the Bakers also. Their history of "astute" investment decisions is a large part of why I'm so heavily invested in Genomic Health. But you have to admit it is a little strange that this year there are no other insider purchases; only sales. (I'm going on recollection - please correct me if I'm wrong.) I've spent the past year trying to figure out why. For the most part the amounts sold have been piddling sums. Still, those sums represent large percentages of holdings for most directors. It is only the founders who still have huge stakes.

    I wonder if they have been asked to auto sale to help keep the price low for the Bakers... I wonder if they have been promised a nice award shortly before sale or the taking of the company private. Any ideas?

    I don't worry about too much downside with Genomic Health. I do worry, however, the upside is limited with the Bakers owning such a huge percentage. I will be very disappointed if they take it private. The buy back only increases their perentage.


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    • re: "you have to admit it is a little strange that this year there are no other insider purchases"

      Well the firm is buying back $30 million of their own shares....and the top insiders did vote to approve that.....not technically insider buying but still impressive.....

    • The company is small enough to take private,but the Bakers are M&A artists.Ardea etc

      Another possible clue and connection is Steve Burrill who is a venture capitalist .....

      All signs point to a deal. Going private will disappoint shareholders like me who have invested heavily.

      A buyout would get a high buck....

      Pharmacyclics has been better Ardea great and GHDX = flat

      btw- GHDX is flash traded- they want every share.

      We can opine, but who knows?
      Good Luck

    • GHDX is quite different.But 39.25 is possible if Dell is used as an example.

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