yeah, Ichan invested in a company going to zero. You're almost as stupid as the Barclays author. short agenda to push???
they'll say they don't comment on market rumors. end of story. ARIA sucks. Anyway, the CEO won't take $20. He should but I bet he won't. Then when inclusig comes crashing down, he'll wish he took 15.
Can't say I know anything inside but we don't know how far they are into the talks (if there are talks). that article might have been leaked just as talks began last week. I worked in a small biotech and to get a research deal for two different programs took like 3-6 months. then when we had one great drug, it took at least 3 months for 11 firms to do DD and give offers to partner/buy the drug. And to give you some perspective, the money was for under 100MM for the two partnerships and 500MM for the drug. We're talking 4B in a buyout. This will take time. We don't know if it's true let alone when the talks started. We don't know if they fix inclusig (at lower doses/asprin) and we don't know how that 113 MRK drug is yet. We don't know how inclusig works for other cancers either. This might be all bs. I hope not as I'd like 20 soon to get the heck out but you'd think if it was bogus, both firms would have denied it by now. Some firms even deny it as it's happening and then put a release out when it's finalized. The only way we will know if this is real before is to have some lower level insider post that at the office/labs, LLY or PFE or GSK personnel are there and are doing DD. If that person did that and got caught, you know what would happen to them. Let me say that when I was in that biotech, we knew who was in the building that day as we saw suits all over the place and they ordered food for them during lunch (and breakfast stuff). They left the leftovers for the regular workers to eat if they weren't consumed by the visiting people. Also, when the 500MM deal was done, a limo was parked outside all day.
yeah, don't report it. you can take all your gains and buy some bloated stock. once it falls to the point of your gain, you sell that stock and don't worry about the tax on ARIA's gain. simple as that
hate to say it but unless the leak is good and the big boys know it, this will start to go down without any news. I need 20. I wish the buyout is between 22 and 25 but I'm hoping too.
My guess is the CEO wants near 50 and he'll get that in his dreams. All things have to do is have that inclusig kill a few more people at the lower dose and this company is over. He'd be smart to take anything north of 20 and get some help from big pharma. Hope his ego doesn't kill us shareholders.
we can only hope. wish it would happen over the weekend. doubt it does if it says "30 days".
I'll bet you that if LLY or anyone signs a partnership, this tanks on the day of the announcement. It's up due to a buyout. They won't get too much for a partnership. maybe a few hundred K. that will last them a year or less with trial costs. big deal.
some of the answers are right here. I got into a mess with GFV's and free riding in my IRAs. you are allowed 3 in one year. on the 3rd one, they shut you down for 90 days and you have to use settled funds. Like the others said, no fine is imposed. anyway, you have to have 25K in a margin account to daytrade. you cannot do that in a cash account no matter how much money you have. Now, if you add funds pretty fast to your cash account to cover the mistake, they won't count that GFV if you do it before the T+3 date. Also, someone said you can buy/sell and then buy under a 90 lockdown. That's not true. if you bought 10K of ARIA and sold it, you can't buy squat until you wait 3 days after the trade day to get those funds settle to trade (buy and/or buy/sell) again. I've been down that road about 3-4 times. just means you can't buy till funds settle. sometimes it works in your favor, sometimes it doesn't. what the others are saying is in a cash account (without being locked down), you can buy and sell 10K worth of ARIA at say 10 and if it drops to 8, you can rebuy it but can't sell those shares till 3 days after the trade day. Now in my IRA, if I have say 100K in ARIA at 20 and free up some money by selling stock in say MRK, I sometimes will buy 100K worth of ARIA again say at 5 and sell immediately if it goes up to say 6 as I have those settled shares at 20 (remember in an IRA, you don't have to report nor worry about wash sales). Then those shares I bought at 5 (remember the FIFO rule - first in first out) are my new "shares at 20". I try not to do this too much cause it gets confusing. Basically, I've traded since 1993. some people are way better than me. I've lost over 1.5MM in day trading. Usually, the stocks I sold for a loss came back in a year or two. Only exception is putting 1.45MM in LU at $60 and selling at $0.50 to take a huge loss. better to buy/hold for a long time (like buying ARIA at 2.50 in Oct and selling now at 10).
in 3 years maybe. if nothing pans out, you'll get 20 bucks for all of your shares not 20 each
if there is a partnership and they pay for the trial, we go back down to $6 in a second. we need a buyout. partnership isn't sheet.
If there isn't a buyout, ARIA won't hit 20 in 2014 or 2015 by themselves. Period
CEO probably wants 50 for his shares/options. Isn't going to go over 25 so he better take what he can get now. if someone comes out with a better drug or this drug they have starts killing everyone, he won't get a buck for the company. I think his ego/price is killing the negotiations.