Of course NUAN has had more bad takeover rumors over the years than any stock I've ever owned of followed. I don't know whether I want one now or not:)
CI at it again with one of his holdings (AIG). Clearly, he is content with one of his largest holdings as he remains silent when it comes to NUANCE. Very solid volume this morning as you pointed out! Gobble gobble
The only time CI has ever commented on his purchase of NUANCE was when he made his first major filing. He said it was a triple and a multiyear plan and compared it to another purchase of his...I believe it was Forest Labs?? Regardless, CI has talked about every other stock he is an activist in but never a peep about this. One would think he would start popping off since the PP is no more so one can assume he is happy with where we're going.
NUANCE/RR will do this to you/all of us. RR and BOD were not willing to sell so no one would/could have bought out cheaper. Trust me, yesterday was an anomaly for NUANCE. Earnings were by no means a blowout. Guidance was by no means a blowout either! So, I ask myself, why the big move? Now I'm dreaming again!!!!