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Re: icebrg post# 17503

Thursday, 05/29/2008 12:32:51 PM

Thursday, May 29, 2008 12:32:51 PM

Post# of 52299
It does show though that a company can be taken out for a 200%+ premium..
If COR can get through RD successfully, and the pps goes in the mid $1s, and we get taken out for a %200+ premium, I think even the longs will be happy to recoup a chunk of their losses.. especially those off us that doubled/tripled down when we were @ .50.

Any way you slice it, a small biotech getting bought out by a big BP for a nice premium is encouraging...

Let's just hope RD goes without a hitch, and this pig gets a make-over and a nice new dress ;)

Cheers!
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