Well I believe the recent R level crossed was like $39.30 ish. There are weak and moderate R levels. ~$43.40 could be another moderate strength R level too.
It could be worse...the washing machine could burning down your house while you are watching ACAD.
So buy shares at $60 when they are now selling $39.83. OK if you say so...but I am wondering what spader would say...?
Well does Acadia need that cash at this point for "future trials "? They have close to $500Mil now. So Acadia may have to dilute a few times along the way, I expect it if they go it alone. A partner for 10Mil shares @ $60 = $600Mil when the stock is selling now under $40. I am not sure how or why that works.
I would bet they all get a nice severance package too...many left good jobs to come to ACAD.
At this point Y list for Total Cash is 2.27B, so they would have to do some major financing to buy Acadia. And who would want their shares in trade...not attractive.
New highs always attract new short positions. Most new highs will retrace, Mr Fib says so. The hot shots who are willing to take the risk figure nothing goes up all the time, consolidation is like a normal force of nature, the shorts count on it. At this point longs eye that big BO. Shorts eye the big pull back. But it would seem they are foolish to hold a losing position for very long.
Jimi was in the 101st. In Vietnam the 101st, was a division, and they couldn't supply enough paratrooper guys so they brought in "legs", ie non-jump qualified guys. The 173rd was smaller , ie a Brigade and everyone was jump qualified.
I hit hard only once during a "combat jump " with all the gear. I only made 5 jumps, got my Jump Wings then off to Vietnam.
I enlisted for the US Army, went to Basic Training, Ft Ord, then volunteered for Advanced Infantry Training, Ft Polk. I wanted too go Special Forces, but I couldn't swim. So I volunteered for Paratrooper school Ft Benning, and volunteered for Vietnam, volunteered for a Ranger unit, Long Range Reconnaissance Patrol( LRRP ) 173 Airborne. But after I came back from Nam...I decided I did my part, now it was my time to do something different.
The only thing I wrote was RIP. The rest was just from the article. Ali paid his price. The only one on my never forgive list is Hanoi Jane.
Ali, who had a long battle with Parkinson's disease, was taken to a Phoenix area hospital earlier this week where he was being treated for a respiratory issue. He was 74.
And we don't want any AZN shares either...WE WANT CASHOLA- I don't believe AZN will end up the winner here. I don't see any of the Big 3- MRK, JNJ, and PFE letting ACAD get away for $60/share...not today.
How much cash do these guys have....TEVA ~6Bil , AZN~4Bil, BIIB~4 Bil, AGN 2.3Bil. .... Big 3-MRK 13 Bil, PFE 19.5Bil, JNJ 40 Bil.
Regarding $60 per share Buy Out. don't make me laugh. " Never make an offer that doesn't thoroughly embarrass you. ". but the other old saying is ..." Always laugh at their first offer. " So here's the game they play...start the rumor of $ 60 per share...a low ball offer. Then come in at say $65 per share....to make it sound like they are serious....But anyone who can use a calculator knows ACAD will approach 1 Billion in sales once both USA and EU sales come on line for about 1+ years. I am guessing that will be less than 2 yrs from now. Their share price by then should be close to $100+/share. So a Buy Out now will have to value the future sales. About $85 is a serious offer and will still be a huge bargain for the Buyer.