RE:RE:"SOONER THAN EXPECTED"rainmanker1 wrote: IMO they need to CLOSE the colorado and tennesse deals...
Officially closing deals will almost certainly give the price a bump but, again, market prices the future... Is there any reason to believe that the LOIs will not close? Sure, anything can happen, but -- as per the company -- "all LOIs are expected to close."
My bet is that we see north of $1.75 in 2-4 weeks; before any deals officially close.
That said, I've been bullish on Gilead's ability to use their new-found FCF, and have assumed that they'll spit out a winner or two from their pipeline, but the market doesn't value those things a dime...