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Strategies & Market Trends : Speculating in Takeover Targets
ULBI 6.445+1.5%12:06 PM EST

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To: richardred who wrote (4880)8/24/2018 11:00:24 AM
From: richardred   of 7265
 
Bought back in ACET- with DBD proceeds. Nice Compliment to LCI, even though one of the compliments to both is catching a falling knife. IMO still a good chance for the chemical unit to be sold. IMO also a fair chance the company wins a lawsuit. RE- they must use US ingredients in generics. This in order to sell to a Gov't entity. This Qtr. will not look pretty. However high risk to reward IMO.
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