What an amazing drama this PPT-PDL-Regal is playing out to be. PDL dropping is understandable given the uncertainty hanging over everything. This one is probably going to head to the courts to decide.
I bought a parcel of PDL @4.08 this morning, i didn't think i would get a chance to but oh wells. This thing could go down more because lots of people on the register anticipating the PPT-PDL merger to go ahead. Wouldn't mind buying more in that stamped out the door. In the end its all about the price.
PDL Price at posting:
$3.89 Sentiment: Hold Disclosure: Held