NO: Do you own SAVA? I don't know much about it, never bothered to research it. At current prices it's tempting, but there's still an overhanging element of risk
SAVA has been a trader's play. I am a terrible trader. But I watch the swings in it with admiration for those who can trade well. Most of my AVXL position was purchased under $2 a share...that's my style. Will sleep well when it firmly crosses $50 a share.
Today's hit job on SAVA was so obvious, no one here should give it any credit. Held for the moment that SAVA announced the SPA
I still maintain AVXL should merge with SAVA if their drugs complement each other. Even if they don't, there is real potential in its blood test.
Well if we had a proper valuation, we could buy them. But would have to give too much away at this deep undervaluation.