Higher daily lows are a sign of accumulation of weak shares, and some short covering.
Looks like a run to 6 is in the offing.
Haven't seen many small bio's sitting with 100 million$ in the bank.
Sure looks like a takeover target to me at some point.
I'm holding long for that outcome.
Give it time.
Most small investors left some time ago, and the big boys make their moves when you least expect it.
I'm back in now and will sit tight for as long as it takes the big boys to make a move.
Many were shocked , but most were happy when TSRX took the deal.
It's not what it's worth , but what you can get that counts.
The comments by al-Naimi came as China released October trade data, which showed that the major oil importer shipped in 6.3 million barrels of oil a day — a 9.4 percent on-year rise in crude oil imports.
Aw stop your yappin about the union. Cat hasn't had a union for years. They do pretty much what they want internally and only cry about taxes externally. Besides I doubt you ying yangs can work as hard as Mexicans for 5 bucks an hour with no benefits.
The tie-up between pharmaceutical companies Pfizer (PFE.N) and Allergan (AGN.N) -- the second biggest merger ever -- has pushed deal levels to $4.2 trillion, surpassing the $4.1 trillion seen in 2007.
There has been a frenzy of dealmaking this year as confident management teams sitting on large cash piles and hunting for growth seek out opportunities, after several fallow years following the global financial crisis.
Pfizer, the producer of Viagra, said on Monday it would buy Botox maker Allergan in a deal worth $160 billion.
The cash on hand is worth 4$ a share.
Definitely a steal on valuation.
If investors get confidence back on mgmt and results meet expectations, were off to the races.