NEU 6.41% $15.27 neuren pharmaceuticals limited

I am watching the short data to see what is going on.I think the...

  1. 158 Posts.
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    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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