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Jesspro

02/08/17 11:27 PM

#80434 RE: biotech_researcher #80433

Yeah, it's not going to happen but waiting till tender offer of cash is not in vain. It can gain you the top trim of a luxury car. A lot of people sold at 23.75 four weeks ago. I just have to wait now for 3 days to maximize my profit. Whatever our differences are in the past, I hope you made money in this stock. It was a long journey full of drama and gut aches but it's worth it in the end. New chapter BR....good luck to your next stop.

The Pup

02/09/17 11:56 AM

#80438 RE: biotech_researcher #80433

Just off the phone with a hedgie who also wanted a bit more.
3 law firms said same.They apparently tried to get Takeda to make some alternate option available. "Ain't gonna happen", but we move on!
We have a biotech scanner with 622 worldwide firms on same-same. Was 623 prior to this takeout! Some look very promising, some not so much. Takeda is solid, spending like crazy, so we move on from them as well. Like to use 14 technical s in DD and we pretty much eliminate low volume OTC firms. Our pricing models also use our algos to compute RTR on each. A RTR of 3 is about max after calculating based on our 497 years of collective experience.Beyond that loss ratio increases exponentially.
Lots of M&A activity ongoing as we communicate.
GL.