Post by
prophetoffactz on Jan 08, 2024 2:35pm
S&P Biotech ETF
is up ~4.4% already this year and is almost through it's 52-week high.
AEZS was about double the price it currently is when the S&P Biotech ETF was trading around its current price in Feb. of last year. Gilles scooped the assets right at the bottom.
"The combination is attractive for shareholders of both companies, as it is expected to create a long-term sustainable business, which is optimally positioned to deliver value as the biopharma sector recovers from its current levels." CZO news release
Full details of the AEZS/CZO transaction expected around Jan. 31, 2024.
Comment by
prophetoffactz on Jan 08, 2024 3:26pm
People here think Gilles controls the US Federal Reserve and interest rates. It's not true. $XBI is just an Inverse derivative of Fed Rate Expectations