Replies to post #252833 on Biotech Values

[Fred Kadiddlehopper]

Incomprehensible is the word that comes to mind.

[WorstLuck]

RVNC turned out to be one of

Sorry for your loss. I'm sure you will do better with your next pick.

[DewDiligence]

RVNC P.S.—I will not tender my shares, since there is no advantage in doing so. There’s a slim possibility that the deal will collapse if enough shareholders do not tender, and if the deal is consummated I will end up getting the same $6.66/sh as the shareholders who tender.

[iwfal]

Were i EOLS, or a different player who likely knows the benefit of Daxxy, i wld be scrambling to put together an alternate offer (obviously ABBV almost certainly cannot do this for FTC reasons). Of course the difficulty will be getting the capital which isn't trivial in this interest rate environment (the price necessary to force consideration, despite the RVNC egos, would be high).

[dewophile]

RVNC turned out to be one of my biggest investing mistakes.

sorry DD. You can't win them all. This reminds me of ZGEN one of my biggest investing mistakes - also ended up getting bought out at a decent premium, but my average cost was much higher. I did okay on RVNC in the end, but we have all been there