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Tuesday, June 06, 2017 2:25:44 PM
So now knowing this, It is PROBABLY TIME FOR the ASSUMPTION that a deal is done.
Facts:
- Filing on 05/12/17 was not for our health
- The company stated an R/S vote would take place at the annual shareholders meeting on 07/12/17 giving CYTR exactly 60 days to dot the I and cross the T for the buyout hinted at in the filing on 05/12/17.
- If fact two was wrong, don't you think the institutional investors and hedge fund managers, who are in constant talk and contact with this company, would know the R/S was coming? They are buying because they know that is not the direction this company is going.
If you think any of these three facts do not point to a buyout/merger vs. R/S then there is nothing more to say.
My money is on Buyout/Merger. But if it comes to 07/11/17 or I start to see Institutional investors and/or big money hedge funds start dumping, I will dump as well. It means that R/S is coming, get the F out.
And I will close with this. If the R/S was really coming the PPS you see today would be half of that if not less. The only thing holding CYTR up are the two most positive things going for this company:
1.) Great SCLC data
2.) and a buyout/merger in the works.
In it to win it. All in my opinion and Good Luck to all.
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