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Re: biotech_researcher post# 62579

Wednesday, 04/29/2015 7:19:02 PM

Wednesday, April 29, 2015 7:19:02 PM

Post# of 80490
BR,

I understand your logic and am a limited partner in Sarissa. I can tell you that in my l conversations with Alex that they are reluctant at this time to take in more money. They have high cash balances and are extremely cautious about the market, much like other conservative value based hedge funds. They are in conversations with multiple large players to take in more money but are not in any rush to do so.

So conventional wisdom would think they would want more money but they are more patient and cautious. If I use that same logic of unconventional thinking I would assume a buyout later than sooner. But again, you may be right.

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