Anthera Pharmaceuticals Inc (ANTH)

[Value_Investor]

IMO, the company Liquidation or Dissolution should give more value to our common shares since the so-called acquisition or merger transaction usually means Huge amount of ownership Dilutions to the existing ANTH shareholders! I bet the liquidation value is around $0.1 ~ $0.12 a share v.s. the merger value is below $0.1 a share!

The winding down process might cost Millions of dollars while the Quick Liquidation could cut this kind of cost significantly!

However Nasdaq-Delisting process might cause 50% price crash if ANTH replicates the outcome of its NYSE-Delisting peer RAS (now RASF) did a couple of weeks ago! So the worst case will push ANTH down to as low as $0.1 in the coming days or weeks... Which is why I reserve a lots of cash for the further average-down thought I still hold near 1M shares!

Anyway it is very nice to see ANTH bounce to $0.2399 again today from Monday's $0.216 ($0.213 is the current Bottom)! I'm lowering my selling target to $0.23 ~ $0.31 in case $0.24 is the ceiling price before another price crash...