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onkelhubert

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onkelhubert

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Thursday, 02/18/2016 12:07:33 PM

Thursday, February 18, 2016 12:07:33 PM

Post# of 647605
$BIOD thx to buckiii2

FWIW.Biodel up 18% on rumors of potential sale/merger
11:57 AM ET • BIOD • SA Editor Douglas W. House
Struggling nano cap Biodel (BIOD +18%) shows some life in early trading. Shares are up on double normal volume in apparent reaction to rumors that a sale or merger is imminent.
Several weeks ago it cut 15 jobs in order to conserve cash.
Previously: Biodel axes 15 non-executive employees (Jan. 27)
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