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Strategies & Market Trends : Speculating in Takeover Targets
ULBI 6.750-2.2%Nov 7 3:59 PM EST

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To: richardred who wrote (2504)11/26/2010 7:00:49 PM
From: richardred  Read Replies (2) of 7243
 
SVNT-Looking at some of the recent short figures about 14.5 million shares. IMO some of the lager institutional holders here are short against the box with possible straddles on options.

Every Tom, Dick, and Harry here including myself, are there for takeover speculation. It's a cat and mouse game here with potential buyers. SVNT being the mouse. Will they hold a Dutch auction? Will they dilute with an offering? Will they find a partner instead of going it alone? It's a crap shoot I'm willing to take. I've seen a lot in my 30 plus years of investing. Even Imclone witch Martha Stewart did time for. Martha infamously remembered for her inside knowledge for a non FDA approval of Erbitux. It finally ended getting approval and getting bought out. SVNT has the approval it just needs the suitor.

Caveat-"listen to what everybody has to say, but do what you think is right yourself"
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