Author Topic: AKRX - Akom Inc.  (Read 5406 times)

bjakes00

  • Newbie
  • *
  • Posts: 47
Re: AKRX - Event Driven Situation
« Reply #10 on: September 12, 2018, 03:19:14 AM »
Ok thanks but from the court point of view, the only two outcomes are deal is off or deal is on? There is no grey area where the court can come back saying deal is on but damages are x?


writser

  • Hero Member
  • *****
  • Posts: 2224
Re: AKRX - Akom Inc.
« Reply #11 on: October 01, 2018, 06:50:07 AM »
You can throw that all out the window.  If there is no deal (either recut or at terms) this will 100% go below $10 and possibly to $5. 

That said, I also own.

http://investors.akorn.com/news-releases/news-release-details/akorn-comments-delaware-chancery-court-ruling

Good call. Adverse ruling for Akorn - stock down ~50% and halted.
I'm sorry if I have offended you. Please contact this forum's safe space coordinator to work things out.

@thewritser