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They have been sold. $29.42 is the value of deal last Friday. That anyone is still selling for under $25 is just crazy.
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Following Deej in Caps, but I sure wouldn't buy any in R.L. after seeing how many shares insiders have dumped in the last month!
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Cerberus needs money for the folly of investing in Chrysler. The money from the IPO has all gone to them. Nothing was left for TLCr to run their operations; so they will be tight on cash for a while. The investors already took out th money thy inevested and a billion more! I'd stay away from this stock.
Recs
thsi stock is like a utility, with matuer products and limited pipeline, with significant risk of lower reimbursement under health reform measures proposed. Although insured patient pool may rise, the reimbursements must go down, and if the patent period is shortened they will lose valuable end-of-cycle revenue to service the debt.
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