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Re: croumagnon post# 6428

Tuesday, 12/18/2007 12:15:07 PM

Tuesday, December 18, 2007 12:15:07 PM

Post# of 19309
>If a company wants to make some sort of a low-priced takeover offer, it would make sense for them to first work the price lower and then make an offer which is well above the current trading point.<

Can you name even one documented case where something like this happened to a biotech company? I emphasize the word documented because you have a tendency to see enemy action in what others regard as routine.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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