I'm with you , always like to see BB or Point 72 as one of the top holders, do you think stock will go straight to 10 after July 19 FDA decision ? Long PGNX
Sentiment: Strong Buy
If news re: IBS-C is good then company could receive a takeover bid really ???????? wow who knew ?? He's so annoying !!!! Long SGYP short Cramer
Great article!!! but I'm wondering what author meant by Allergan making a deal instead of a acquisition ?? CNA finance has got a 12 month PT for SGYP @ $ 5.75 ???? someone doesn't have a clue since we will reach that & higher after Aug with IBS-C results , anyway , if AGN doesn't buy the company by then I would think stock price would be around $14-16 as a stand alone & that's being conservative but NO WAY this company stays independent . Long SGYP
When I see Point72 as an investor , like with MGNX where he owns 2.3m shares, I get even more bullish on the company & take a larger position , Steve Cohen has an impeccable track record of picking stocks in the riskiest space of the markets. Bret Jenson takes 2nd place in which I always feel better when he is a shareholder in the same company . Long MGNX
Sentiment: Strong Buy
I'm a fundamental investor , but know enough to stay away from high debt companies, especially in this high risk market environment . Hope you make a pile of money but I'm not in a position where I need to risk my capital to make a few dollars when there are hundreds of other stocks to trade that has much less risk !! I retired four years ago @ age 46 so trading is just for fun . Good Luck
Yes , my 2 cents might save someone a few thousand bucks, investors can no doubt make a dew dollars, IF they can sell assets ? but there is better stocks to buy with far less risk . Their 30b in debt reminds me of SUNE.
Some brave investors might eek out a profit with this toxic stock , but it wont be me , Ackman is down 3b so far, any questions ???
You have done your homework , excellent picks !! I'm already doing research today on RLYP & PETX to set up my trades for next week . I would add SGYP as another BO within 3-6 months . Long SGYP
AAP cannot improve their margins of 10%, this needs to double within a year or I believe Starboard will push them to sell, the best suitor would be ORLY since they do not have much exposure in the East coast & since they have an excellent record of doing successful deals & making shareholders very wealthy . Steve Cohen's Point 72 has the best research team which is why he is so successful, so I believe their firm knows that a deal with ORLY could happen, he bought 1,450,000 shares for a reason. John Paulson is another hedge fund who must have excellent info because he makes huge bets on companies, I always feel good about buying the same stocks as they do, although I don't have their deep pockets lol an average investor still can make some decent profits by following them. Long ORLY
Sold 3/4 when stock was $10 & change then sold the rest @ $ 9.25 Don't see Roche deal happening anytime soon. Would be a buyer again as events change.