125 of our portfolio companies have been bought out. Long-time subscribers to The Arora Report have profited handsomely from buyouts.
FLXN has been a buyout candidate. However the probability of a buyout has lessened based on recent developments.
FLXN is long from an average price of $18.75. It is trading at $22.31 as of this writing.
Consider taking profits and exiting in the zone of $22 to $24.38.
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