soros is going to crush deerfield ...watch. Monday is the stalking horse bid. We shall see.
a bidding war seems to be erupting...this ought to be good. could easily end up over $3 billions. shorts need this at zero so they can cover their nakeds.
7.2 million shares (or more) would have put him in the largest shareholders before the plunge. I dont remember seeing quantum partners listed. I think its a new listing showing his latest purchases. He will probably be a player. The more players all bidding against each other teh better for us. I think this is really good news.
Oracle is also making an appearance not sure why. Larry Ellison interested? Docket 201. But the most interesting is docket 209. Quantum Partners ? Thats Soros. Soros has bought shares and taken a position.
Docket 211 also makes reference to the official committee of unsecured creditors, "Following its formation, the Official Committee of Unsecured Creditors (the “Creditors’ Committee”) raised certain concerns and potential objections to the assumption of the original plan support agreements (the “Original Plan Support Agreements”). "
sounds like the committee has been approved by the judge and formed. this is good news at least we have representation now...
Dont need the stalking horse. Need 2 or more bids to go to the auction. Thats what we need. 2.7 BILLION in NOLs, $100 million cash, FDA, EU approvals, 6 ph 2 products in pipeline, buyer will be instant leader in immunotherapy. I am coutning on multiple bids, $1.5-3.0 billion will be the price. Longs just hold or buy we are going to be fine here !!!
Exhibit F, Interested Parties for Sales Process purports to list the emails of those who are in interested in the sale process. But its redacted. Would it be redacted if there was no one on the list? Thoughts? Are the BPs expressing interst now and letting court know they want to bid and have interest? Interesting its redacted !
It all makes sense when you look at this through the view of the greedy wall street crooks. The company was not growing, was burning cash, but was on the verge of starting EU operations and on the verge of breaking even. Perfect time to steal the shares. this is all preplanned and pre orchestrated. Only problem is the chapter 11 means US Federal courts get involved in. Thats the fatal flaw in their scheme. there will be MULTIPLE bids. Minimum sale will be $1.5 billions going to $3 billions. the price now means nothing as the bids will be spread out to shareholders. If you believe the provenge and the tech , FDA , and EU approval, 6 ph candidates, patents, and the first approved immunotherapy has value, then hold or buy more. If not then stop spreading the false statements and lies. The shares will not be cancelled until the bidding process is over, and very likely we will get multiple bids and make money on this ....just my views. do you own DD. GLTA.
This is an auction first genius. The US Federal BK court is running that process. Nothing will happen until that process runs its course.
these corrupt criminals they shaft the common shareholders out and destroy our investment while rewarding themselves with bonuses and stock options. I will be filing a criminal complaints and a complaint to the SEC, the state of washington, the state of delaware to report all this criminal activity and the malfeance to the shareholders . They have a fiduciary to watch out for our investments. I am disgusted with this.
we need 2 or more competitive bids to make money, and over $750 million. I hope it happens. But right now its going for $275 million.
as soon as anything happens it will be public knowledge within 24 hours on the dockets. Dec. 29th is not the drop dead date. jan 27th is the bid deadline.
NOT correct. Read page 9 of the pdf. "In the event that the debtors have not entered into a stalking horse agreement and no qualified bids are received by the BID DEADLINE, the debtors shall pursue a restructuring..." The BID DEADLINE is clearly spelled out as Jan 27th James. There does not even need to be a stalking horse bid, 2 qualified bidders will prompt the auction. stalking horse just put in a floor now.