If this is the price someone is willing to pay to acquire dndn, the total payment would be about 780 mill. Does anyone really believe it would happen? The market doesn't obviously. So, the buyout would probably around 2 dollar apiece, if there is a buyer. No wonder shorts are not covering.
truth? What truth? All these deaths may not have been caused by the drug. That's why there is an investigation going on. The SA writer is obviously ahead of himself making doomsday speculations, But they are just that, speculation, nothing more. No one knows what caused these deaths. On the other hand the vast majority that used the drug had no adverse effects. This is still a mystery until facts show one way or the other. This article is just another attempt by those who are on the short side.
the ultimate truth will be probably somewhere in between O coming back and Affy going bankrupt. At this point, the market inclines to believe the shors' prediction, unfortunately. I am in it and am prepared to lose it all, 1.40 a share anyway. But if there is any positive developemt, i mean a tiny tiny positive sign on O investigation, then shorts will pay big, instant fivefold minimum. 1.40 loss vs fivefold gain, well you do the math. I am holding on one way or the other, until the investidation is complete. So, good luck, whichever side you bet on.