No doubt. Call 'em up you got two of 'em.
SENATurds will do anything for re-election. Being a faux-hero by getting novel medication to save lives of constituents buys a lot of votes, plus donations.
possible, but not probable. More likely partnership or buyout. So, no, it's not a no brainer. More likely hedgies doing all they can to get out of doomed short positions.
I'm guessing buying up to 4.99% in the open market will be an agenda item for several BP at this month's board meetings.
It's called painting the tape. Hedge fund scam used to save their #$%$ when they are on the wrong side of trade. It will self correct within the first 30 minutes of trading. Cramer has talked about this tactic many times on his show and has admitted to using it when managing his hedge funds.
Geron upgraded to Buy from Hold at Needham
Needham upgraded Geron following presentation of Imetelstat data at the ASH meeting that exceeded expectations. Price target is $10.