Some investors say the buyout hype is overdone. Just because multiple companies were interested in Idenix, they argue, doesn't mean they will purchase less attractive competitors -- especially after their stocks have run up on acquisition hopes.
@JoeyBagadonuts Going long much on nothing concrete to drive it up besides....rumors ? All rumors usually end up in the same place. DOWN? TraderX82 (@TraderX82) Jun. 10 at 12:09 PM
But many think an acquisition is in the offing for the two companies. Sentiment is 97% bullish on Inovio and 90% bullish on Achillion, according to StockTwits' analytics.
At the time of publication, the author held no positions in any of the stocks mentioned.
This article represents the opinion of a contributor and not necessarily that of TheStreet or its editorial staff.