Corbus Pharmaceutical Holdings, Inc. (CRBP)

[Rolling inflaton]

The mystery buyer. They need to file with the SEC within 10 days after they reach 5% ownership, that is around 2.14M shares. Normally they would try to buy as much as they can before they have to reveal their identity. I'll be quite surprised if no one files next week. I doubt the kind of volume we have seen is due to multiple small investors. If the buyer is another pharma the filing would likely be followed by a tender offer. If they pay $20 per share, it still values the company for under 1bn. That is peanuts if the pipeline goes to market. It is unusual that s big pharma buys before results, but they could be willing to take that gamble to save a few $bn. I personally would not be very thrilled with a $20 offer. I am willing to take the gamble to see this through. I can retire if resunab gets FDA approval, but not with $20 per share.