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runncoach

06/10/20 5:26 PM

#16175 RE: Theburg #16174

It's a crap shoot as to what will happen when it closes. I'm just going to be patient with a small position and ride it til we find out next trial results. I'm in at the right price and enjoy researching the drug developments. Hopefully the share price continues to do fairly well.
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Battle Ready

06/10/20 6:20 PM

#16176 RE: Theburg #16174

Agreed, I was just talking to a friend about this. This stock looks like it's being "managed" to a price range. Those recent warrants hit at something like $1.62 and if this thing would have followed the natural course following this morning's news, those would be in the money and likely exercised, as it is, with the stock staying in this range up to the merger, the outstanding shares of the spin-off NBI should stay around 25 million...

I prefer this for the short term... Let's just get that merger done already!