Biotech / Medical : Micromet Inc (MITI)


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To: scaram(o)uche who wrote (189)1/26/2012 9:11:25 PM
From: Arthur Radley2 Recommendations  Read Replies (1) of 196
 
Thanks for the kind words!
Funny how I first learned of the deal this morning. I had just awoke and in my semi-groggy state, I clicked on my TV to CNBC for the pre-market indications. I saw the scroll across the bottom on the screen that Amgen had agreed to buy out another company. In my fully unawakened state as I laid there in bed, I thought---"Why and how could Amgen being buying out Microsoft?" I started to roll back over for a few more minutes of rest before getting up for a quick shower and heading out to meet my golf buddy for a round of golf. It was then it dawned on me--it was Micromet! By then I didn't need the cold shower to wake me up!

In my glee of my good fortune, I ended up buying my buddy breakfast, paid for his golf round and then proceeded to have the worst round of golf in my life.

At first I was upset with the $11.00 price tag, but then when I combined the gains in the three accounts that held MITI, the long hold, and the 80% gain, wasn't bad.
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