"Take a look at the chart and the last largest volume day, April 25th. Then look at the trading that took place after that." - yeah, but i aint pumping the same amount of cash into PDL this time around.
Wait: re CPO-05 "$175m (and yes it could and should be worth more)" - worth stating that the market cap of the entire enterrpsie is only £208m. Strap in.