Post by
gravedigger51 on May 04, 2016 7:02am
M&A
Just reading now Pfizer is in the M&A mix as of yesterday. Things are really heating up in pharma!
Then googled pharma short covering this morning. Check out all the news on companies short covering over the last few days.
Hey shorts, come here and give me a big group hug, I love feeling the squeeze ;)
This was the third time in 9 months the shorts have gone after CXR. What was all that talk in the Valeant Senate Committee about pigs and hogs? Oink oink
Comment by
93Darkhorse93 on May 04, 2016 8:38am
This company is just a sitting duck. No one wants to get in a bidding war for this asset. All of their problems disappear within a large pharma company of PE firm. If next weeks numbers are just not a disaster there is no reason for this to be trading in the low 30s. Cashflow is too appealing to ignore.