IDM Pharma, Inc. (IDMI)

[bowonwing]

Maybe a reason why IDM sold for $2.64.

Link is to an article by Chris O'Brien in Sunday's 7/12/09 San Jose Mercury News "Fate of my Forecasts." Look at #8: to whit biotech mergers and acquisitions have been quiet in first half of 2009. Perhaps this is why Takeda was able to steal IDM for $2.64 a share.

I am convinced that if IDM had been sold about 18 months ago (I know I am dreaming) it would have sold for between $7 to $12 a share, about +250% to 350%. But it did not happen.

http://www.mercurynews.com/ci_12804210?nclick_check=1

Cheers to all and GLTU. Bow