I know two individuals who bought PTD at $2 and are still holding, although one did sell a very small bit on market recently. They are disgusted at the whole affair and sick of receiving the same bs in the mail from Cephalon every week.
Cephalon keep talking about a ridiculous premium of 70%. In reality the company at that stage had an IP/pipeline value of ZERO. Pretty easy to get a 70% premium on next to nothing.
Do you think J&J will have a crack?
AAH Price at posting:
$1.38 Sentiment: None Disclosure: Not Held