This will be a featured stock on their 52 week high grid in the next couple of weeks. This happened with ATK and there was a quick run from $70 to $110. Expect the same here. Congrats in advance
No way that high. I think OREX gets bought soon, like in the next month by Takeda for about $11-$14. Anything higher would require a rival bidder but this drug is not worth a 3 -3.5 billion.
Bought at the last lows below 20 for my parents account. Its been a juggernaut. Longs, do you hold for years to come or are we rich at P/E of 50??? Geezzzz what to do.?
Private equity loves cheap value. 17 Billion mkt value for largest timber owner in america. Priced by the market with a low 10 PE. They buy for $25 bill, they pocket the dividend flow, cash flow, now while financing is the cheapest ever. They wait for inflationary cycle and earnings upturn then sell it. Blackstone loves timber. Who knows just seems like someone might strike.
Let it spike in here toward $40, then put in a stop loss at $38.17. That way you might be lucky enough to hold it as it moves in to the 40s. Always good to take profits but not when a stock is making new highs daily.