I am watching the short data to see what is going on.
I think the shorts fell to below 0.30% before the PMS results last year but have risen during this year and then went up before the PH results which surprised me, I thought betting against the PH results was very brave but these market forces know more than me. I see the shorts dropped a little recently but have now gone back up to nearly 2%. Why would that be?
If the Angelman results are positive and the share price stays stagnant or rises and falls like PH, I will buy more as something is afoot.
I am on the conservative side of conservative. Still, I believe Jon's Reata reference is key, I think the takeover would be between 5 Billion ($38) and $8 Billion ($58) because 2591 has too much to offer with its pipeline despite any issues with the contract with Acadia. Anything less and it is being given away.
I also think the depressed share price is helping to take off the table the huge figures put forward as a takeover figure.
Just my musings, call me overconfident but I remain confident in Jon and the team to do the best for all.
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Last
$20.21 |
Change
-1.060(4.98%) |
Mkt cap ! $2.583B |
Open | High | Low | Value | Volume |
$20.98 | $21.06 | $20.14 | $6.308M | 308.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3926 | $20.19 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$20.21 | 388 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3926 | 20.190 |
3 | 2210 | 20.180 |
3 | 1953 | 20.170 |
1 | 1058 | 20.150 |
3 | 2758 | 20.100 |
Price($) | Vol. | No. |
---|---|---|
20.220 | 2110 | 2 |
20.280 | 1037 | 2 |
20.300 | 5554 | 4 |
20.370 | 1107 | 2 |
20.390 | 3000 | 1 |
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