this will fly to 40.00
or if one of the interested parties just makes a hostile bid
a deal will definitely be done only question is at what price.
when there is this much movement on heavy volume there is something in the works
I think that is why Aztra Zeneca is really interested in RLYP, they bought the wrong race horse, so trying to cover the whole market. But other big pharma are realizing the size of market and want RLYP too, like SNY and MRK.
interested parties have lined up and are getting antsy to buy it before competitors bid on it higher.
this is going out in the 50's to 60's, each passing day and more scripts written the more valuable it becomes.
potential competitor's FDA review coming up end of may and likely going to get black box warning or worse made to do much more testing will cause a stampede to buy RLYP.
possible buyout from multiple parties that have approached them and this opens up at 38
could happen any time and shorts won't have opportunity to cover
lol, you don't hire a M&A firm and week later drop them!
amazing people listen to this BS! If there wasn't truth to the fact that they received numerous indications of interest from big pharma they would have sold a ton of stock when it jumped up to 24 and would have announced they raised all the money they need...........didn't see that happen so i'm giving the buyout interest a lot of credibility. This latest rumor of dropping M&A firm to represent them already is bogus!
only thing thats a miss is your short position which is getting killed!
get your depends on when they announce they are getting bought out in the 50's