TG Therapeutics Inc (TGTX)

[Ecomike]

I think we are about to bust out and go higher here folks. I just finished reading the latest SEC filling, long and boring as usual, but long story short there is a take over merger under way with MHAN trying to take over another biotech which would add to our pipeline! Looks like a cheap take over too, as they look like they ran out of cash, if I read things right, and looks like the takeover target bond holders are talking stock for debt. The details are in the SEC filling, I don't recall all the details, and non of it is a sure thing, not locked in stone, but very encouraging to see little guys like MHAN on the hunt for a take over target, and apparently willing and able to pursue such a deal!

Disclosure, I have been long here since about March and I doubled my holdings yesterday. Tried all day to buy at less than .09, but finally had to pay .09 just get the order through. If you look at the charts, do some TA, volume has quietly creaped up, A/D is climbing, and the stock is about to bust back up over .09, maybe Monday, and I think we are above the 200 and 50 DMAs.