I made the same mistake with ACAD. Only had a 1000 shares at 2.50 but sold at 4.50ish. What do you think of SYN, ADMP and ELTP?.
Hopefully someone can answer. I am sure a lot of people on this board have no idea how it works and would like to be educated by someone who has been through this scenario.
This is just a hypothetical and has no base in facts. Lets say Lilly offer 19 per share and 2 Aria shares for 1 Lilly share. How exactly would something like this work?. Say you have a 1000 shares. I understand the part where your brokerage firm will change the symbol to Lilly and your 1000 shares become 500 but the thing I am confused about is when do you get the $19 per share?. Who sends it?.How do you get it?. Do you get up one morning and you see your brokerage account has an extra 19000 dollars and your symbol and share amount has changed?.
If the rumor is true, which I still believe is true, then Ariad will be part of biotech history of small companies that got bought out by a giant pharma
I think they already have, hence the huge volumes. I think they already know about a deal. Trickle down information. Retail is the lowest denominator in this scenario. Perhaps the last few weeks was their final gameplay by keeping the price low to scare off retail and now we are in the final stages. GLTA
Are you kidding me! National enquirer equals martians exist. British tabloid equals martians don't exist but , damn this rock looks like a martian but it might just be a rock. Huge difference.
There are rules and regulations that govern stock manipulations by giving out false rumours that can be detrimental to a stock holder. Ask yourself this question. Why would a British newspaper allow one of it's writers to start a false rumour?. London being one of the major centers of finance, has very strict laws. By deliberately starting a false rumour, the paper opens itself up to some very serious regulatory and possible litigation lawsuits, that could end up costing a lot of money. Folks, something is going on and we will find out very soon. GLTA
buy a boatload
Don't be fooled by him.
The author of the article probably has enough contacts with people in the know in the financial sector in London to know that this is not just a rumour.