Biotech Values

[poorgradstudent]

The primary question for me is how sustainable is that attention?

Is this going to fade quickly, or rather, are we at the beginning of a sustained increase in pps related to an ongoing M&A bidding cycle?

I think that the premium being put into the other companies is not very reliable. ONXX has a firm bid so that's a basement. But the attention paid to the other companies always surges on this type of news, but inevitably fades.

I'd expect ONXX to keep its gains but the others will fade this week imo. We might get a second bump up if/when ONXX actually accepts an offer.