I think it is too cheap by at least 100% however, retail may dump it even lower with any confirmed plans to reverse split to take it back above $1. I said a while back they should bite the bullet and announce a 10x1 reverse split to put the stock in the $5s. If retail dumps any volume on panic selling, Sarissa may well add or deploy the buyback. Current bleed could easily be natural year end tax selling pressure across a decent proportion of the shareholder base.
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