Piperjay says it is $20 within 12 months from Tuesday downgrade.
I think they're the lowest.
Most bullish Webbush seems to think it is $45 but they don't give timeline.
Don't worry. As long as you don't sell you've NOT lost anything.
Just remember how we got here today.... and this number is significant: 11.12.13
Longs - if you're holding the common shares, here's what you should do.
Just continue to sell the cover calls every week and get your premium back.
Eventually, the price will bounce and meet up with your cost per share.
You will get your money back.
Question, what is the fair price?
GSK is stingy. They probably won't pay more than $20.
Last time, GSK pays only $14.24 for HGSI last time for the "approved" drug BENLYSTA
Also, GSK has to cancel their agreement with Prosensa first.
Now, we know..this time is different. It's pretty significant now.
Where were two articles when prices were at $50 early this month after RNA failure?
They were timed to release only after prices have gone down these weeks.
Definitely manipulation to push prices way below so that they can be bought cheaper.