Was just looking @ ZYNE last night & thinking it was probably going to be running soon >> Zynerba Pharmaceuticals Announces Positive Top Line Results in ZYN002 Open Label Phase 2 FAB-C Study in Children with Fragile X Syndrome - https://finance.yahoo.com/news/zynerba-pharmaceuticals-announces-positive-top-103000701.html
lol...he may be trying to gobble up the entire remaining float - then, for the small remaining stock out. - he can make a tender offer to the Board (which he controls) which they can't refuse (because of golden para. etc.). So, if there are 2M shares left in the open market, he can offer $25 in a takeover bid (like Dell did), and then the remaining stockholders would receive $25. Very shrewd, and the bond holders are bound to get screwed imo. So, until he finished buying in the open market the stock should continue bouncing between $16 - $24. We'll see. It's a cheap way for him to buy the co.
Should have bought this a couple days back rather than watching/waiting for more pull back >>ask is $27.40 So shareholders like you & me would get current ask if he take company private? BTW - IMGN hit my target first thing this morning, grr
REV's only moving today because of Perelman's insider buys - bonds are down, so no one has any confidence that this move is legit. - if Perelman made a tender offer today - he'd have to offer some kind of premium, so the remaining stockholders may receive $30 - $35 per share. However, just like many times before - once the "insider buying effect" wears off - he'll let it sink again to $18ish and then continue his buying spree. If the bonds start to move up, then all bets are off and investor confidence in future earnings is real. However, right now the bonds are going nowhere - and there are tons for sale @ over 10%. Now, that's "junk" in all caps. On IMGN - living up to its manic reputation
BDRBF: $1.78 +6% - bounce or reversal? Anyone who wanted to sell - sold yesterday on Boeing news - but there's much hope left due to holes in the US Court ruling. New hearing set for Feb. at international court..
So all you readers out there >> ROKU is yet another perfect example of me selling & the stock going up
I think ATVI just bottomed out in a channel. I have it charted in my journal if anyone wants to ser how i arrived at that. but am on my phone now, so cant post. Im looking for around $68 by the end of october.
lol - that makes 2 of us - ATVI - totally agree - good entry point right here @ 50 DMA - MACD in the pocket - check out TDOC, BL, UTCC, ALRM. ATVI recent ratings: KeyBanc Buy $74.00 Reiterated 23 days ago Cowen & Co. Buy $66.00 Reiterated 23 days ago Jefferies Buy $78.00 Reiterated 24 days ago
ROTFL... Note for readers, just yesterday this person posted that >> This is why no one should listen to me!!
Damn. TDOC lookin quite sexy. I dont know what to make of ALRM. I couldnt pull up UTCC. Odd unless i have a market cap setting and its below it. Hey im curious. How do you (open question to anyone) find so many stocks to scan? I basically have a small watchlist from companies i am familiar with, but that limits my action when they are all stale.
hey - you started it "So all you readers out there >> ROKU is yet another perfect example of me selling & the stock going up "
LOL True BUT that was for the readers that have not exited and are doing what B Rus said >> "Exit this thread or use us as studies"
sorry - that's UCTT - on finding stocks - endless research - also following "unusual vol." and insider buys.