rather than the stock buyback...this would had set a precedent....people would be very hesitant to short this stock in the future.
I post here as a HOBBY
If big pharma bought a sizable piece of the preferred and PPHM wrote a press release...rather quickly.
If not, there are three conferences that PPHM will be attending
posted here real time for ALL....since April 29
let teh sale of the 62,500 Jan 2015 $55 calls for $8.50 alone..
if the stock is taken you total profit is
($8.50 + $6) x 6,250,000 shares = $14.50 X shares = $90,625,000 profit
$6 X 6.25 million shares = $37,5 million profit
I SUGGEST to RING THE REGISTER
do NOT be greedy
many could make a lot of money...just throwing this our for public discussion.
Everything gets posted here first for ALL not in the shadows for a few by a few
below is how George Soros hedges...six of one; a half dozen to others.
However, Soros may not be so optimistic about the direction of the market in the near future. The seasoned market reader on Friday revealed owning 7,090,000 "puts" on the S&P 500 SPDR ETF - a bet that the market will go down. The position is sized at 11.1% of his portfolio, making it his largest holding. He hedged the position with a further 405,000 "calls" on the S&P, indicating he is overall bullish on the market.