RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Used BioTech Company For Sale by Owner - 600M OBO. Yes we did see this all coming. Everyone except the company. All this institution talk only makes sense if in fact institutions are aware of our existence. I question Sernovas ability to market. They have done a horrible job with retail so I don't see them doing a superb job with institutions. The proof is in the pudding and I don't see institutions or anyone pudding in any bids.
Redbaron2211 wrote: Agree MS especially with all the macro uncertainties. The way management can protect the company from a cheap takeover would be a push for more institutional buying. Unfortunately it doesn't come easy in this environment. With the current sentiment and breadth extremes we are due for a multi month rebound in markets and given what DF points out with Sernova looking attractive at these valuations I agree and feel this will promote institutions to start accumulating when they are given the green light to do so.