Personally, I sold my position in the pre-market trading. I
think the time to re-enter this (on fundamentals) will be after
company issues the inevitable shelf offering, and they start seeing
revenues from PBA drug in first half of 2011. (Jefferies bumped
long term target to 15 today - probably based on potential for
takeover.)
AVNR
AVNR
Posted by jgoregon on 1st of Nov 2010 at 11:09 am
Personally, I sold my position in the pre-market trading. I think the time to re-enter this (on fundamentals) will be after company issues the inevitable shelf offering, and they start seeing revenues from PBA drug in first half of 2011. (Jefferies bumped long term target to 15 today - probably based on potential for takeover.)
AVNR
Posted by fixdgear on 1st of Nov 2010 at 11:23 am