I find them indeed good news, I even find better news that orbimed agreed to postpone the payment a few days ass if they would know that the deal is about to happen. Having said that, I highly doubt that the sell off from frontier was reported "a few weeks ago" as this just happened last 2 - 3 days (last time I checked institutional holding). What was reported a few weeks ago was the sell of 3 m shares during Jun - Sep quarter. What I just notice is that during Sep - Dec (for that, you need to refresh the quarter information on the link I gave) frontier sold ALL the position. Again this can be just due to a loss taken. So please, next time be a bit more polite. We are here in the same boat.
UNS Price at posting:
20.5¢ Sentiment: Hold Disclosure: Held