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re: ALBO - Albireo Pharma, Inc. (ACQUIRED for up to $52/share)
Posted on 1/10/23 at 4:58 am to bayoubengals88
Posted on 1/10/23 at 4:58 am to bayoubengals88
Nice one bayoubengals88! What's the move now, sell at $43 or could it possibly go up more? Also what is the downside risk to holding?
This post was edited on 1/10/23 at 5:38 am
1
Posted on 1/10/23 at 9:04 am to Crapshoot
quote:I was never able to get traction on this one given the tragedy that has been AUPH.
Nice one bayoubengals88! What's the move now, sell at $43 or could it possibly go up more? Also what is the downside risk to holding?
I sold in the 30s sometime last year.
Those who stay will get an additional $10 upon positive results of their next drug trial.
This company got bought on the cheap, but there's nothing wrong with a 100% gain (or more if you got in earlier).
They struggled to sell the drug in year one so agreed that $42 or $52 (conditional) was fair. Can't blame the CEO.
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