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Re: cheynew post# 266198

Tuesday, 06/07/2016 9:20:02 AM

Tuesday, June 07, 2016 9:20:02 AM

Post# of 347009
That won't happen til we collateralize a large loan with Avid as some propose. Then the BPs pull business and we are in Bankruptcy territory. I believe we can not use Avid for a loan until we have a well diversified client list. Is there any doubt BP would use this tact if we had a large loan against Avid.

It sure would have been nice to do the Abbvie deal at $2B or $20/share. Of course there would have been many here who would have been upset with that. I am on record as being gone with $20/share back then. My exit was half at 10 and the rest at $20 except for a few shares so I could continue to follow. Looks pretty good now. May have to adjust my exit now.
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