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Value_Investor

05/08/16 7:33 PM

#347 RE: AUDACIOUSWON #346

I had already taken a long position after covering the previous short. I wish PTX drops further next week so that I could add more shares at the lower price levels thought that might not happen based on last Friday's trading pattern unless some further bad news kicks in tomorrow from the company or the USA stock market takes a big "Red" dive on Monday... I'm buying PTX based on the inevitable natural bounce due to "Extremely Oversold" situation, not based on the stock value because PTX does not worth $1.0 a share and its Book Value had already crashed to measly $0.14 (03/31/2016) from $1.85 (09/30/2015).

I never heard any Buy-Out rumor for PTX. Where did you hear that?