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I took a risk thinking they should be at least 50-60 bucks. Insiders didn't own that many shares, that is why this was unjustified buyout.
Bummer...
You'll get it back on another deal
GLTY
lost 9 grand on this deal.
Shares of Translate Bio Inc. jumped nearly 30% in premarket trading Tuesday after the messenger RNA therapeutics company agreed to be acquired by vaccine collaboration partner Sanofi SA for about $3.2 billion.
France's Sanofi said it would pay $38 a share in cash for Translate Bio, a roughly 30% premium to Monday's closing price of $29.15 for the Lexington, Mass., company.
Sanofi and Translate Bio, which in 2018 signed a collaboration and exclusive license agreement to develop mRNA vaccines, said they expect the deal to close in the third quarter.
Translate Bio shares were recently up 29% to $37.63 in premarket trading.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
In with 2200 shares at 42.50, lets see, word on the street is the offer will between 65-70 dollars.
Nice move here, lets see if they accept the undisclosed offer or deny it.
Why Sanofi might be eyeing a Translate Bio acquisition.
https://smallpdf.com/nl/result#r=04b779daf5328f7ff24e1c987749fca6&t=share-document
Why Sanofi might be eyeing a Translate Bio acquisition.
https://smallpdf.com/nl/result#r=04b779daf5328f7ff24e1c987749fca6&t=share-document
Why Sanofi might be eyeing a Translate Bio acquisition.
https://smallpdf.com/nl/result#r=04b779daf5328f7ff24e1c987749fca6&t=share-document
Not safe... crocs in the water
Oh boy, selling came back eod yesterday. Seems they are dumping in the afternoons now, last week was mornings.
Selling subsided this morning... think I’ll dip my toes today. GLTA
The selling pressure is relentless. This should snap back with the Sanofi deals. Will jump in at low teens, if it capitulates.
Looks can be deceiving.
* * $TBIO Video Chart 06-23-2020 * *
Link to Video - click here to watch the technical chart video
Whoa, missed this one. Been watching it for a while but got caught up elsewhere.
What’s going on here with this massive drop?
Hi all. Dippin my toes. One June 19 $17.5 Call
Wow it's quiet here... Very undervalued at these Prices. Should close out 2019 strong following decent readouts on MRT5005 next month
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