if they keep talking only $60s as ultimate target price, then more likely to get additional bidders;
But again, next bid needs to be out of the $50s to be taken seriously . . .
SNY seems to want ultimate price in the $60's not up into the $70s - their actions from the initial low-ball to today feel like they do not wanna reach $70s unless necessary . . . JMHO
He replied, "Oh Ye of little faith, why are you so afraid?"
Then he got up and rebuked the winds and the waves, and it was completely calm.
" . . . Facts tend to warrant many "thumbs down" here. " ---aslgeek
ASL, you have all but destroyed what little remains of your credibility . . .
Bruce Kamich is TheStreet's in-house technical analyst
with a 40-year career
with a number of bulge bracket firms,
accumulating knowledge along the way
on commodities, interest rates, equities and ETFs.
Doesn't seem to have " accumulated" too much "knowledge" on CELG . . .