Re: Favorite risky plays
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XOMA is not a takeover target for PFE, or likely anybody. I've followed the name for 15+ years. They could have bot all they wanted at $1 last year.
It's gone from $30 to 1 to 16 to 1 to 4 etc. They haven't gotten any real products they wanted approved, ever.
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I sure haven't looked at the stock much but I thought Lucentis was a pretty profitable product for them.
Who do you think is a good takeover target in the Pharms then? PDLI? Hope you say yes here, I picked up a few hundred shares around $17.50 during Thanksgiving week just in case they were.
Jimbo
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