RE:Question Not putting the cart before the horse on this one.!
I would love to believe there is a good buyout offer coming. ( it is well documented by PDL. )
I have wonder why if everyone knows this and expects it to come soonish ???
what's everyone thinking?
( are we really smarter then the market?)
just saying there's not a lot of conviction here otherwise, the price would reflect that somewhat.
The fact that he said he's putting in an offer in the stock only goes down from there is suspect.
not saying it won't happen, but in general market doesn't believe it will. ( or very worried about extremely low price ) still too much uncertainty for investors I guess.
Eirther way I think they have so many options it will be fine going forward.
I just hope mg. Has a proper earnings call with real updates otherwise afraid it will sell off more for lack of clarity.
Earnings / call can't come soon enough !!