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Re: 1millman post# 11096

Wednesday, 07/24/2013 7:08:57 PM

Wednesday, July 24, 2013 7:08:57 PM

Post# of 426330
I'm in a bit of a quandary right now with this low pps....another company I own in my cash account is being bought out (BS deal, litigation WILL hold it up!).....the third time this year I've been screwed by a BO while underwater.....so it looks like I'm going to have a lot of free cash in that account sometime soon (I never hold when the offer is part cash/part stock in BO partner).....and at current prices if I took all that money and put it into AMRN I could cut my basis by a whopping 30%, almost down to the recent offering price.....would put that account over 50% in ARNA/AMRN....not preferable, but could be very profitable over time....decisions, decisions.....don't need the money anytime soon, but hate to be that concentrated in two stocks, spec bios (at this point) no less.....
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