I am not one for owning BioTech stocks. Just never been comfortable with their volaitility. The drug companies look very comfoortable doing it and Abbot’s buy of KOSP at a huge premium today may start another buyout binge in this space. In the trucking sector, Swift Transporation, an Arizona company, gets a bid. Looks like …
Tagged: Mergers
As I suspected, there were definate leaks in the recent Gold merger
On August 31st, I wrote that that Glamis/Goldcorp merger was a stinky leakfest . The New York Post confirms my thinking . I hate this crime. It wrecks the market and those stupid enough to play after all these years deserve the harshest of penalties. This one was obvious to me and I don’t follow …
Gold Merger – This was old news for some people. Investigations should follow.
Since gold peaked at $720 a few months back, the stocks have been lifeless. Today, GoldCorp made a bid for Glamis Gold. Head over to Bill Cara’s site for the news and analysis . I own some Goldcorp (GG) which was down on the news and some Glamis (GLG) that was up on the news. …