Seeking Alpha
  • rarora
    any pt in buying GSK now-at around $12.20?
    10/18/11
    Reply (8)
    • Mr. Massive: high risk/ high reward - per the nature of any biotech - they dont make money, but somehow have crazy valuations
      10/18/11
    • Mr. Massive: incase the M and A supercycle commences, and buy out for research/products they have in pipeline
      10/18/11
    • Michael Stuart: I bought a few calls on it, if $25 rumor is true still plenty to room to run. 16 or 17.50 call goes for 1.40 or so.
      10/18/11
    • Michael Stuart: For January 2012
      10/18/11
    • Michael Stuart: If rumor not true then call is worthless, but expect stock to decline more than value of call if rumor is fake.
      10/18/11
    • John Rayhall: I dunno there have been buyout rumors from 34-11 stock reports soon I would wait until after earnings. Not sure how well their Lupus drug
      10/18/11
    • John Rayhall: is doing. Michael's strategy makes the most sense to me.
      10/18/11
    • John Rayhall: http://bit.ly/oSRMtW
      10/18/11