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 Biotech / Medical : dsco Discovery Laboratories

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To: tuck who wrote (288)3/15/2012 10:56:14 PM
From: dr.praveenRead Replies (1) of 302
 
Looking at the 3m chart, it looks like sell on the news reaction. With it's mkt cap, it looks attractive around the 3 area. lets wait for the no of shares and the pricing tomorrow morning. They should have given the pricing at the same time as offering inorder to avoid the knee jerk reaction. The money might also help if they are negotiating with a partner.

Even if surfaxin makes 40m/yr, not a bad trade though with the aerosurf's results in a yr's time.
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