Biotech Values

[Profit_Ace]

MEDX - BMY deal likely etched in stone. If you have a profit take it! Courtesy of joyost3 at yahoo:

you need to read that press release again. It's a done deal at $16.00.
They've already SIGNED the agreement. It's not open to other offers at this point. And I'm sure that other offers were sought before taking the deal. All it needs now is the formality of stockholders approve and federal approval. And they would have gotten majority approval verbally from the major stockholders before signing the deal.
And it could die in federal approval, so take the $15.88 now. It's not worth waiting months for a gain of only pennies.