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Seattle Genetics Inc. Message Board

desert_dweller93 1 post  |  Last Activity: Mar 10, 2014 10:19 PM Member since: Aug 30, 2009
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  • Reply to

    TKMR raising $60 million

    by hwsimpsonshero Mar 10, 2014 4:34 PM
    desert_dweller93 desert_dweller93 Mar 10, 2014 10:19 PM Flag

    I bet it will be priced at where it closed ($29.74)just like with ARWR a few weeks back. As everyone knows, normally these things are priced at a discount but with the white hot RNA market we are in, I wouldn't be surprised if it went off at a premium, although that is a long shot. I would be surprised if it went off at anything less than today's close since ARWR just did a secondary a few weeks ago and they priced it at the closing price the day before. Just a few more hours to see where she prices but there is no way I would be selling in the pre market tomorrow but if you wanted to buy, it might be a good time since some sold in AH today at less than the closing priced due to the offering announcement. I predict a nice pop tomorrow just like ARWR did when they announced they didn't have to sell at a discount. GLTA.

    Sentiment: Strong Buy

SGEN
38.84+0.27(+0.70%)Apr 17 4:00 PMEDT

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