Replies to post #160 on Savient Pharmaceuticals Inc (fka SVNTQ)

[surf1944]

Savient Pharmaceuticals, Inc. (SVNT): Biotechnology Industry. Market cap of $304.16 million. Price at $4.07. RSI(14) at 25.09. Takeover/LBO rumor sourced from Minyanville. This is a risky stock that is significantly more volatile than the overall market (beta = 2.29). The stock is a short squeeze candidate, with a short float at 32.85% (equivalent to 13.05 days of average volume). The stock has had a couple of great days, gaining 7.58% over the last week. The stock has performed poorly over the last month, losing 45.24%.

5 Oversold Takeover/LBO Targets Trading Under $5

http://seekingalpha.com/article/288463-5-oversold-takeover-lbo-targets-trading-under-5?source=yahoo