LMAO at how many times it has gone down on your thesis and then rebounded right back up again! LOSER!
It's like watching them throw gum at a wall to see what sticks!
Watch them start to cover in mass as they know buyout is still on the plate and even more likely soon.
Black box warning will be issued on Astra Zeneca's competing drug at end of month.
and force a squeeze and sale.........Ichan is flush with billions from Apple sale....hmmm
company was in need of cash soon and was using it as a bargaining chip against raising price above 46 area. Now company doesn't need to do anything soon and will get their 60+ they are holding out for.
not at all! A Merck or Aztra Zeneca or others will just make a hostile bid any time they want to, wether the company management likes it or not!
In fact it just means a low ball figure is off the table and company wants at least what their competitor received from Aztra Zeneca..... 2.7 billion 60+ a share
no penalty to redeem any time. This is just to give market confidence to squeeze all the shorts who bet the company needed to do dilutive stock offering before they get bought out. Now for 1.5 million they don't have to pay interest and may redeem anytime if purchased......thats a win / win!
look out shorts tomorrow is going to squeeze ya good!
Company now in drivers seat with buyout negotiations, they don't need cash, they have a great billion dollar drug and competitor who's drug is questionable to get full approval without black box warning. Stock will run into 20's. Debt offering can be paid off early without penalty in case of buyout.