News Focus
News Focus
Replies to #63613 on Biotech Values
icon url

DewDiligence

06/20/08 9:18 AM

#63614 RE: oldberkeley #63613

Re: Recent Biotech Buyouts at a Large Premium

>It would be a time-consuming exercise, but I wonder if a more accurate assessment of a deal would be to compare the buyout price to a long-term moving average of a stock, or some similar rubric that considered the bigger picture.<

Great idea! Thanks for volunteering :-)
icon url

apljack

06/21/08 12:12 PM

#63624 RE: oldberkeley #63613

" RE: Recent Biotech Buyouts at a Large Premium

Dew- I've been thinking about this lately re GTCB.
"

Several of us on the JAV board are asking the same question. It appears that value decline breeds the hope (desperate, IMO) of a juicy deal to reinflate shareholder value and allow a return of investment to above water and also be done with the risk in one fell swoop.

aj