"At this stage, I think I'd just like to grab $1.10, if that is possible, and get the hell out of PGL and move on."
I agree with Boomer.
Looks unlikely though that we'll grab the cash now - seems to me that the merger is more than likely to go ahead given yesterday's vote as it maybe replicated. That being said if the merger does go ahead, I'll immediately sell most and move on. After careful thought and two and froing, I voted yes to the resolutions yesterday, not that I hold a fortune but I hold a good amount. Close to $80K - I was intially in for a trade post ann in the high 50s but held on through the 3rd wave of the crash in late 2008 as the accumulation became ongoing.
NB.I would of thought setting up a bio small cap fund would have been a good idea at this stage of the cycle with the money - that's what this monkey would be doing for all of us but its not on the agenda.
PGL Price at posting:
71.4¢ Sentiment: Buy Disclosure: Held