Biovail Corporation (BVF), Valeant Pharmaceuticals International (VRX)
Biovail Corporation (BVF) has a partnership with ACADIA Pharmaceuticals but VRX bought them and now ACAD looking for another partnership. VRX also recently bought SLXP. We going to be next for a partnership or a buyout, I think a buyout coming. I was right about ASPX and lucky bought the shares last week on the pull-back from $88 to $60, I paid $66 and sold yesterday for $100 I also bought SLXP before VRX bought them and the stock went from $140 to $90 before the announcement and I paid $108 and sold few months later for $165, everyday there was lawyers on Yahoo suing the company with many class action law suits for the stock drop and now ACAD experiencing the same thing, I think the SEC sure investigate what going on with these law firms and I'm documenting what going on and may have class action law suits on these law firms that hedge funds hire before a buyout . For my experience just buy and don't sell 1 shares. this company ACAD is a 3 Billion market cap. for a reason and don't let anyone bully you. Baker Bros, ishares IBB, FBIO. Blackrock are all holding positions in all the Biotech companies I just named.HOLD
Good time to release the iwatch before the holiday, the iwatch may not sell a lot in the beginning but for the holiday it will be the biggest selling item because boys and girls will be buying for their love ones all around the world.
This is great for me, 1. They know what's going on, 2. They are long term, 3.Weak hands are gone as well as daytraders, 4. This will start to move higher soon without stopping.