Please accept my apologies. I commend you for the effort. You very well could right in filling in the blanks. For me the humor came in longs being so passionate about a BO. Its truly become a cult stock. Nevertheless, I love your drive and passion. blessings brother. sorry for the sarcasm.
I was thinking the same. really seemed like a capitulation on THUR morning. yet, feels like the another leg down is imminent with oil heading to 25. the market is going to flooded with BKs this year. Investors r going to raise cash from riskier assets , plus funding for BIO space is going to expensive. I think IDRA see 1.50 before we are done.
What we're witnessing is underwriters bringing share price down by shorting stock to a discounted buy level for institutions thereafter they will cover short position to stabilize price below offering. its called the GREEN SHOW. Why does a company with 200mm plus do a offering usually 2 reasons. 1. get more shares into early investors like Orbimded ( yet this this seems unlikely as they just sold shares ) thus it seems more likely they want to raise money now potentially thinking that a ruff roads lays ahead. Yes , WCM could be correct that its a negotiation tactic but I don't think so.
7 insiders buys reported last couple days all under 15.65 and the stock wont budge. either MM are accumulating or some hedgies are backing into it drop out the floor.
Sentiment: Strong Buy
the post CC audio is not avail as of yet, albeit the slides are available. nevertheless, IILG had approx. 650mm REV last year and now have post Vistana deal additional 200mm consolidated under the IILG umbrella with good ebitda Yet, the street is rewarding the deal. what gives ?
thanks for the color on CC. can you extrapolate on your reference to 5.5b in imbedded inventory ? lastly and more of a tea leave question why is stock acting so poorly ? considering the additional revenue coming online. thanks in advance
I agree with your thoughts Longfellow. The BO was wishful thinking on my part, yet when you see Volume come in like that its gets you wondering. Heck it could have been short covering or some mutuals building a position. Yet , its worth noting the BB probably would not walk away from a win right now after the beating on ACAD , SGEN and IDRA. back to the tape: I was comforted by the move up today on decent volume. I believe we're marching back to 20 where this belongs. IN MY HUMBLE OPINION.
Good day to you Sir: Wanted to know if you subscribe to the idea that ACAD offering was a vehicle to get BB more shares and if you believe ACAD will be taken out prior to approval ? thanks in advance and I appreciate all your DD. Blessings. RG