I did some checking with the SEC, where did Frost sell share of alqa/alqad? For the last 3 days all that is registered is Frost buying opko, and no sales of his stake in this baby? He still holds 25=million shares preR/S
Bill, look at Frost's (Gamma's) ALQA purchases in January of 2012. It was a 16 million plus share purchase. We can deduce that he has sold at least 5 million of those since then because Gamma announced that they presently hold only 11 million after the PR. Since you are a gambler, I'd gamble that this is going to be volatile and crazy. I'd also gamble that this company is going to be in hospitals faster than I can push the send button.
There is no way CELG is going to let this Company get away and I am struck by the comity of all these arrangements that ALQA has with all the parties they have cut deals with.recently.
bil-congratulations to all those who had held on to their long positions. I know that you had an incredible day today. Well, I certainly left alot of money on the table today....I figure somewhat in the neighborhood of 35K today alone! I don't fully understand the logic of the events that have been overwhelming in this equity in the last couple of days, but that is what makes "horse racing". Good luck to all!
Charles, I was taken by your dismissal of ALQA last week and even more so by you actually thinking the public information provided to everybody wasn't compelling enough to justify this weeks events. or the share valuation.
Since you didn't listen to me the first time, I expect this to similarly escape you. ALQA has just begun to run and in my opinion, it is being set up for a buyout. CELG will not want to be a bit player with this technology. They'll want to own it.