RE:WaitThats a great trading plan. Praying usually helps. Just remember that the debt to ebitda is 6.4 times for this company and the pumpers touting how cheap it is never seem to mention that. I would suspect there is a clause for a buyout where the debt holders would get a premium for an early payout as well. People have to realise that with their main is drug flat or declining, and under fda review so a buyer is unlikely to pay a premium without the drug having the moat of patent protection. The assets are weak as proven by last quarters result and the writedowns have made them horrific given the debt doesn't get written down. Just be careful of listening to people who only say what you want to hear, their interests aren't always aligned with yours, even though it may make you feel better. Happy trading!
Marky1 wrote: You know there has been a lot of speculation about buyout, mergers,this amount of money,that amount of money....I'm very objective....Until there is a statement , a market wire...bulletin or any other announcement we cannot speculate on ANYTHING.....Everone take a Valium and let's wait for news...Until that happens I'm just laying low and praying...GLTA