I would venture that many of us have not only cont

I would venture that many of us have not only contemplated what an "acceptable" buyout offer would look like, but have done it numerous times.

When I moved from more or less day trading this stock (and several others), to buy and hold, I set my target on holding 5,000 shares and using another 5,000 to buy on dips and sell on bumps up. When the share price crashed to 1/3 of my average buy in price, I was holding 10,000. I have spent the last 10 months adding here and there and currently hold multiples of what I ever intended. My wife is livid, she only very recently called a cease fire and while she still doubts Big Pharma will let us up off the mat, she believes in the science as I have for a while now.

I do not believe NP would consider anything less than a fair estimate of our value at 3-5 approvals as "acceptable". We stand a very real chance of getting to that level in the next 12-24 months. Unless one of the existing Big Pharma steps up to somewhere near this level, we will get approvals and that will be that.

All of this is say that even inside of my own investing bubble, I have several possible stops at which I will have to accept my ladder of success I have used so many times before (sell 25% at level 1, which is $30, the 25% at level 2 which is $50, 25% at level 3 which is $75 and hold the last 25% until I die it it does!) or I will have to renegotiate with myself if we were to crash the rungs of my ladder too close together.

Everybody has their own goals, tolerances, etc. and I understand that. I fully expect a lot of current shareholders are holding only to breakeven and will bail when we get anywhere close to whatever that point is for them. First major move up will shake out a lot IMHO.