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Bought today as well. Looking like reversal imo
Watching close tomorrow
Long cover period of almost 12 days is an issue as well. This would need to hold gains for near 12 days which seems impossible without something major happening imo
Big short position here. If we get any kind of momentum we could see a squeeze.
A Green Day would really help the chart. Picked up some more at 1.94
Hopefully the company can show some progress and increase the markets confidence in achieving those CVR's
The numbers here are crazy. I can't figure out why this is below $2 or even $3
At $1.94 each, you get $1.75 pay back. So for $0.19 you can get $4.90 over 3 years.
As we get closer to $1.75 it just gets crazier.
I am going to keep buying. If this hits $1.75 it's literally free money
I will just keep buying until I get my average up to $1.75 lol...
GM INNL.
Looking forward to a green week here. $1.75 guaranteed plus potential for $4.90 CVR. This should only move up from here. Even at 25% CVR we should hit $3 soon
IMO
Thanks. Fingers crossed someone steps in with a higher offer not contingent on deliverables over 3 years, (not likely) but either way I'm holding.
Executives protecting themselves in case of change of control. Looks like they will get paid no matter what
8k. "Change of control"...
Is it true that INNL can accept a counter BO offer if it's above $2 pps until midnight tonight?
Anyone read that?
Ya, I agree. People spread false information on message boards all the time with no real impact.
Next week should tell us if there is a real reason for the volume
Amazing how much volume impact that false comment caused. That guy is getting a whole bunch of crap for that post
Lots of support at $2.10
Looking forward to next week
INNL
Still holding and waiting.
Next week should be $3+ imo
Watching DOLV.
Will be interesting, up or down
PTIE made a big move into eod and in after hours
Boring day here.....
This will make its move up soon enough. Just have to be patient. MM's and institutions loading while shaking out weak hands. A stock with this type of 3 year return potential belongs in 401k and Roth and not day traders.
IMO
GM INNL. Lots of accumulation above $2. Getting ready to test $3 in the next few days. IMO
8-/ .... short crew. Not sure if clay would even go short on this. Guaranteed bottom of 1.75 does not give the type of returns that group might expect. Within 2-3 weeks we should see 3+
And, based on today I think $2 is short term bottom and a good load zone. Risk reward with a 1.75 offering and 6 potential seems like a decent gamble imo
Yup your right. I thought for sure it would break up or down before the bell but it held steady.
Let's see what after hours and tomorrow brings.
Good post, I agree. $3 seems fair short term. Long term this should see $6+ and possibly higher.
IMO
Should break out of this channel soon...
Lots of accumulation around $2.20
Looking for a nice move up towards eod.
Just under $1 million worth. Patient big money getting in today. Not sure if I can wait till 2018, but I will hold free shares for a few weeks to see what happens
Big bid on 2.17
Big boys shaking out the day traders. This can be bought at 2 and be worth 6 minimum in 2018. That's the type of stock big money likes to buy and hold.
We will see big buys coming in once the day traders have sold for minimal gains or loss.
IMO
I will hold for a while to see what happens. INNL is getting 10mill to ensure they meet milestones and receive the full buyout potential.
There is no reason to believe they will not get the full buyout price of almost $7 per share
IMO
Would have been more fun if the terms did not get released today and it traded on speculation.
Non opioid pain killers do have a lot of potential and we should still see a good few days IMO
INNL: It's been some 24 hours for shareholders of Innocoll (INNL). The tiny Irish-based drug company, which had $4.4 million of revenue last year, surged 42% on Tuesday amid M&A chatter. It popped a further 62% after-hours to $2.95 as Reuters reported US investment firm Gurnet Point was near a buyout deal. That was confirmed just before midnight Eastern, and shares are at $3.38 in early premarket trading. Gurnet Point will pay $1.75/share and issue a contingent-value right which could pay out up to $4.90/share depending on the progress of Xaracoll, a post-operative pain medication. Innocoll has needed money to continue funding the FDA-approval process, and shares plunged 90% from above $6 in 2 months to end 2016, amid FDA refusal to approve at that time. (kevin.kingsbury@wsj.com; @kevinkingsbury)
(END) Dow Jones Newswires
April 05, 2017 04:58 ET (08:58 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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After hours moving. Im still holding all my shares. Looking for $6
Anyone watching INNL?
WTF!!! Go baby go. Big news After hours?
Did well in INNL yesterday/today
Nice everyone. Long INNL till $6+
1.50....
Daily 100 SMA is $1.42
Breaking and closing over this sma will bring in technical traders.
If we get the "golden cross", cross over of 50/200 sma in the next couple weeks we should run quick to $6+ imo
Nice. Always like averaging up much more than averaging down.
Go INNL let's see $2, $3, $6
IMO
Averaged up by slapping the ask. My little contribution to help this break out