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   Biotech / MedicalEBIO: Epoch Pharmaceuticals


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To: dalroi who wrote (23)9/8/2004 1:48:28 PM
From: tuck
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EBIO being munched by NGEN, and the rationale for anyone is hard to figure. Perhaps the Grace Brothers, and Dr. Craves, the original CEO, current chairman and Bay City Capital principal, cashed in their cheapest options ($.50) by last year. And started looking for a way out. The rest of their options, with some years left on them, are for much higher prices, so they write those off or hope NGEN actually survives -- which I doubt. But they'd still walk away with a healthy profit. EBIO shareholders, on the other hand, would need to have bought under $2 to get much. Even Gerber doesn't get much here. I wonder if other shareholders would fight the deal. If I'm right . . . Bay City and The Grace Bros. own about 40% of the company, so it would have to be a united front.

You still hold any, Stefaan? I'll be looking to get my Mom out of her shares soon. Don't like the deal, nor NGEN's prospects.

Cheers, Tuck

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From: more1008/13/2015 5:36:30 AM
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$EBIO closed up 74.79% on Wednesday, on 29.65 times normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

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From: more1008/14/2015 5:39:53 AM
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$EBIO closed up 22.25 percent on Thursday, August 13, 2015, on 26.47 times normal volume. still watching


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From: more1008/17/2015 5:29:07 AM
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$EBIO closed down 5.8 percent on Friday, August 14, 2015, on 3.79 times normal volume.

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From: more1008/18/2015 4:40:21 AM
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$EBIO closed down 14.44 percent on Monday, August 17, 2015, on 2.18 times normal volume.

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From: more1008/23/2016 4:20:11 AM
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I haven't really done any coverage on this, but this seems to rip quite easily to the upside than downside. Consider this newbie

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