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Biotech / Medical : Immunomedics (IMMU) - moderated -- Ignore unavailable to you. Want to Upgrade?


To: idahoranch1 who wrote (38500)1/7/2017 12:15:47 PM
From: weatherproof  Respond to of 63290
 
>>I doubt that venBio wants a feather in their cap more than they want a possible 50 bagger. That would be a Chief's Headdress. <<

LOL. If only that elusive 50-bagger, 100-bagger, or 10-bagger would come to be. The fact is, nothing is in the bag. I contemplated on this board awhile ago that I assume the venBIo slate will get in, so what's next? I just want to go into it with my eyes wide open. We all agree the G's and board haven't served us well. We don't know the entirety of what venBio's risk reward calculation consists of. It's simple for me. I'm willing to continue taking a lot of risk to see that 10-bagger and more from here. For venBio, there is a point where the risk relative to what may already be in the bag for them is not warranted. So if they can strengthen their forward-looking alliances with big Pharma, other institutional co-investors, AND get a 5-bagger out of it by selling IMMU outright, that's a WIN-WIN-WIN for them. The opportunity cost of what may have been (i.e. a 50-bagger) is by no stretch a given. If it were, they'd be complete idiots to sell for $10. But it is not a given. I say this, and said it in the CC, that their interests (in a much bigger picture than we contemplate as individual retail investors) and ours are NOT "exactly aligned." So it's from that vantage point that I consider my own forward-looking risk-reward equation. It may be that venBio gets control and rides this thing to $100. I'm just contemplating the various ways that this thing can play out.

Please don't read this to think that I'm rethinking my position on ousting the G's. I am accepting what the future may hold in terms of change in control and wondering how to play it from here.