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Biotech / Medical : Biotech Valuation
CRSP 52.51+2.7%Nov 14 3:59 PM EST
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To: Biomaven who wrote (6534)6/11/2002 1:01:40 PM
From: Elmer  Read Replies (1) of 52153
 
Does the GNTA stock buyback just encourage short sellers?
siliconinvestor.com
For current stock prices for company's like MLNM or ICOS, a buyback would have huge benefits for long-term holders of the stock. The problem is that it requires confidence that you can replace that needed capital in the future at a cheaper cost.

Curiously, HGSI, which has been hugely successful in selling stock at the top, isn't buying with its stock at $13.
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