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Arena Pharmaceuticals, Inc. Message Board

brnicegy 3 posts  |  Last Activity: May 14, 2016 9:01 AM Member since: Jan 17, 2013
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  • Reply to

    New article: Medivation is for sale....

    by gizmondo123 May 14, 2016 7:07 AM
    brnicegy brnicegy May 14, 2016 9:01 AM Flag

    It definitely all sounds positive from this point forward. I read another article stating the CEO isn't even considering a bid under $65. (if I can find a link, I will post). On top of that, the Abbvie / PCYC deal was %21 percent premium from the previous close. Of course, there are other factors involved in that deal, but knowing all of this, I can easily see a price anywhere between $65 and $72. Seems worth it to park some $$ in MDVN for a while.

    Sentiment: Buy

  • Reply to

    Someone check the math---$53+ / share possible ??

    by brnicegy Apr 2, 2016 12:09 PM
    brnicegy brnicegy Apr 2, 2016 4:47 PM Flag

    Just taking the $2billion price offer reported in the story divided by the reported 37Million outstanding shares. I am sure there is debt involved, but if the $2 billion is all inclusive, you never know....but I guess we may know Monday morning.

  • Using Dow Jones newswire story Apr 01, 2016 17:28:00 (ET)
    : "Final bids were due late this week and the Virgin America board was expected to make a decision over the weekend, according to a person familiar with the matter. A deal is expected to be valued at more than $2 billion, well above Virgin America's current market capitalization of $1.4 billion. " .... and using outstanding shares of 37.08 Million. At $1.4 billion = $38.02 / share. Maybe I did something wrong and I don't want to get all the hopes up, but seems right to me. Any thoughts ?? (( I was expecting around $43-$45 range personally, but would take higher, of course ))

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