$BNGO I have no doubt that Bionano has had buyout offers. I’m pretty sure that there is something of a bidding war going on. Lastly, I’m pretty confident that one or more of the bidders is working to keep the market price down. A low market price makes it hard to justify a high buyout price, even in the midst of a bidding war. There almost certainly is a tug of war between those who want a low market price (namely, the bidders for the company) and those who want the market price higher (the company and its shareholders.) I don’t think there are any actual bears right now, i.e. people who think the current price is too high for the fundamentals.
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