Please be realistic. You are suggesting a premium of 900%. NEVER GOING TO HAPPEN. Let me repeat that: NEVER GOING TO HAPPEN.
Posts like this are why shorts love SRPT. Because you create completely inflated, absurd expectations. Please stop and try to think.
Or... gradually buy a range of calls spanning several months. Because that is exactly what has been happening.
Been steady buying in calls for the past week now and doesn't seem to be letting up. Possible that the call buying is strictly based on technical movement. Also possible that they are actually being sold, but that seems unlikely this time. You never can tell, but I think it's wise to pay attention to the option activity. It shows the sentiment has changed.
Approval? What are you talking, gary? Are you suggesting next July? There isn't going to be any approval this July.
Agreed. 10 boys still walking after 3 years on eteplirsen is "inconclusive." Especially given natural history. According to natural history, they should be scaling Mt. Everest. AMIRIGHT?!?!
I wouldn't. An excellent partnership would get the company at or near that share price in a very short time. Assume the stock is trading near $200 when a partnership is announced. (A fair assumption given the extreme positive momentum right now.) A major partnership with $1 billion upfront--not at all unfeasible given the incredibly results up to this point in time, and the fact that ten companies are bidding--would give the share price a huge bump, likely at or near 25%. That puts you at your price target right there.
No way would the company sell for less than $10 billion.
The company said it had no plans to sell itself. It's looking for the best partner deal possible. I, for one, believe them. RCPT knows it has a blockbuster on its hands and can get very favorable terms through a partnership. They just need to be patient.
NWBO and SRPT are not comparable. NWBO is junk. Their drug doesn't work. Please don't put SRPT in the same class as them. It's an insult to intelligent SRPT investors.
Your "broker" is a fool. $220 is laughably low for a buyout, especially if multiple parties are interested. $220 is what the stock would hit on a favorable partnership.