In addition to AGN and VRX in large caps, I also have VRTX, BMRN and INCY in mid-caps. AGN and VRX run by guys who are active in this space and like their wheeling dealing to grow. Draw back is that they are a bit big so homeruns aren't going to happen. The market isn't doing so well now so I'm hoping that the bigger caps might be more steady and might have to wait awhile to speculate into smaller biotechs. Looking for ideas myself.
why buy this when those companies can do it themselves inhouse? one of the biggest selling point of an iphone is the camera and google tech is tops. And it isn't like GPRO has a better name than either of those two. There is nothing from GPRO that makes them attractive to a potential buyer.
but this stock is trying to hang in there again. Amazing. What a cult stock.
i lost about 15g when i got out at 165 weeks ago. That was enough. don't like to pick bottom on these things, figure more problems ahead, tons of lawsuits etc, it will get a lot uglier. Might go to 50 and then settle at 75? wh knows. Back to buying likes of Disney, nike etc...
yeah, I know that one isn't going to get $9 buck tomorrow but 11% discount is steep if a company as good as Walgreen makes an offer. Most buyouts involving pretty decent companies would narrow that to 2% to 3% of the offer price quickly. And as long as there is CVS out there, I doubt this is an anti-trust issue.
I just went through one with Receptos. It took 2 months or so but it went through a fast buyout process without shareholder vote required. The discount on the bid I believe was nothing close to 11% as this one appears to have.
wsj already said $9 per share, nice you did the math to confirm although 0.20 difference.
what about it? you paying equity $9 per share. The transaction fee is not considered in the equity per share offer to shareholders. One doesn't say will offer shareholders $10/share then after $0.50 to bankers then it will be $9.50. C'mon, be real.
common with a discount for sure but 11%? that is not common. This is Walgreens buying, not some diddily tiny puny no name. This discount suggest additional risk like regulatory hurdles that is probably going to be high based on this discount now.
agree, but buy big? not sure about that. I bought before earnings to average down so lucky this thing came back. I agree this reversal is impressive and should some testing on upside if this thing stays above 30 over next few days.
who is surprised this market is rigged with insiders? if there was a leak no surprise. SEC can't handle the situation. But why would a leak damage RAD? it is the person who leaks the information the one in trouble.
the expectations are super low for twitter and it is still hanging in there at 30. If there is anything positive to report next qtr, this thing will really pop. At this point, they are setting bar really low so as long as it treads 30, then it is a good bet for much higher upside IMHO.
true, but this thing probably got slapped down to make 9 look good. They dressing it up to make it look pretty for sure, but that is the way the game is played.
not the first time a buyout deal was leaked and SEC seemed inept to stop this. Seems like Najarian talks about this stuff all the time and it is the reason why he has a business built around buying options that ride on speculative volume because Najarian probably believes there are many insider trading in the market and he is probably right. But even if the news was leaked to someone, those parties would be at fault, not likely the company or the deal itself in jeopardy because of it.