Oct. 10 at 1:29 AM
$TGTX this must be very frustrating to many here. It was hitting new highs when most small bios were in the dumpster including XBI.
Now, the opposite is true. XBI is at the highest level since December 2021 and we're at
$35,
$10 lower than the 52 weeks high.
The crazy part is the company is performing like no other.
With
$500M in revenues this year, a company like AKRO gets bought out for
$5B, with mixed phase 2 results and currently running phase 3.
Obviously, this is not logical. My only explanation is MW has no intentions to sell, not even for
$10B, or
$60 per share.
Every year he gets millions of RSUS. The buybacks basically cover his RCUS.
The BOD should show some balls. But they won't.
