Watch for More Coming Biotech Acquisitions [View article]
The writer failed to mention Elan. The recent bad news has pounded the PPS to a rediculous $10 that makes them a easy target for a tokeover. I would bet, I am buying at this level, that we will see a bid from BIIB to get Elan on the cheap.
Ichan wants to get BIIB to sell themselves but if they owned all of Elan they would be a much stronger company.
Immunogen and Seattle Genetics: Verging on an Inflection Point [View article]
Very interesting article. I have been in and out of imgn for years and watch it track from 3-6, usually with some justification of the price variations from external influences. This latest drop on tuesday (June 3) completely baffles me. I look at it as a buy in again opportunity since I can't see any other reason other than small investor interest.
Watch for More Coming Biotech Acquisitions [View article]
Ichan wants to get BIIB to sell themselves but if they owned all of Elan they would be a much stronger company.
Immunogen and Seattle Genetics: Verging on an Inflection Point [View article]
I have been in and out of imgn for years and watch it track from 3-6, usually with some justification of the price variations from external influences.
This latest drop on tuesday (June 3) completely baffles me. I look at it as a buy in again opportunity since I can't see any other reason other than small investor interest.
Any in comments on Tuesday's action?