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Friday, February 21, 2014 2:31:05 PM
Sometimes companies do a buyback before an acquisition...GSk wants PPHM.....it's gonna take 10-12 billion to get us the kind of deal we want. The question they are asking... is bavituximab in light of the money and work needed to bring it to market...going to make hay in light of the fact most BP's work off a 20% profit...
The answer is yes at this point in time but that could change..time kills all deals......it would be double yes if we also get accelerated approval...the big IF right now is IF PPHM stock goes up to $3-4/sh with the escalating leverage and increased takeover price...would it then be worth the risk and price?...maybe and maybe not...
So you can see...March is merger month or never... basically as I see it!
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