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Biotech / Medical : Munch-a-Biotech Today
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To: Icebrg who wrote (1507)4/14/2003 7:08:28 PM
From: scaram(o)uche   of 3158
 
Awful story. A CEO, trying to make a move that would provide for a depth/breadth story moving forward, walking into a trap that costs jobs and momentum.

For the biotech investor? There was, nonetheless, opportunity for profit. Massive ADS bail at 2.30-2.35 by someone executing through B-Trade.......

Message 18375451

Message 18376690

So..... shareholders end up getting a truly lousy deal, and those who loaded the boat on the bail end up with a 25% gain in less than four months. I don't know what would happened off of the London low on 12/27. Nigel probably does?

Celltech gets all the Neogenesis too. Ugly.
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