who woulda thought you could get this at this price ever again? shallow thinkers look at share offerings as dilution, but reality is they are receiving value for the shares they are SELLING. while it should be down some, this is an overreaction!!
i expect this news to be worth 500% and I'm not kidding!!
the market disagrees and thats really all that matters. obviously, hundreds of these pharma companies have just been called on the carpet and its something that ONLY biotech investors will support (less than 1% of the population). you'll even find republicans outraged at the drastic price gouging that is going on now that it has been brought to light. its one thing for a research company to recoup costs. its altogether another for a drug company to buy a 40 year old drug and increase its price 1000% and more.
i know firsthand that LCI is in the price gouging. the price of my drug (ursodiol) that was bot by LCI went up MANY-fold and its a drug i've been taking for years. it happened about a year ago.
of course there will be no merger with DEPO based on the current offer and stock prices of the two stocks. thats no different than yesterday, last week, or the week before. how is this not already in the stock price?
chart shows this future lithium supplier to TSLA is about to ROCKET higher. do yourself a favor and check out the chart. big money to be made here. they have over 800,000 metric tons of lithium to be mined. do the math, this is a 100-bagger or more if all falls into place.
they could announce that they are the sole supplier for all future Apple iphones and that revenue will quintuple leading to earnings of $10 per share next year and the stock would jump $.50 at the open and close down $2.
They continue to prove that they are for real, and suddenly, overnight they are worth $65/share on this news as it proves themselves worthy of growth company status.