In my opinion, yes Acadia is still a buy. I am underwater now anyway, so could be a good time to average down. Since Acadia bought the other pharma, I think it will take longer to become successful and for Acadia stock to mature, so short term gains and a buy out could be off the table now, but long term gains still look good and I'm long anyway.
Maybe the Baker Brothers or the Acadia CEO wants to try hanging onto a pharma and letting it mature for once, rather than doing the buy out thing, who knows?
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