Post by
Jango4ever on Oct 13, 2015 2:24pm
No logic with this stock!
may be it's going back to 2014 price and was less than $5 USD
Comment by
sunshine7 on Oct 13, 2015 2:26pm
no logic in your comment.
Comment by
Jango4ever on Oct 13, 2015 2:28pm
Agreed. and no one here can say he has a real explanation on what's happeining with the stock even if the fundamentals are excellents!
Comment by
Craigbad on Oct 13, 2015 2:36pm
I predict mid 30's, heavy selling as there is some headline risk being in any pharma name with the cnn debate tonight. If this becomes a campaign topic, the whole sector could tumble on sentiment, people are likely to limit exposure.
Comment by
avispa on Oct 13, 2015 3:02pm
Also, overall market sentiment is turning bearish. I wonder; if next week's news re acquisition + PP won't keep SP high there maybe tax-loss sell off in DEC.
Comment by
slightfan1 on Oct 13, 2015 3:29pm
this is what Cramer is saying in one of the articles he wrote this afternoon. TECHNICAL ANALYSIS; on Sept.25 when the stock closed at 76.51, RECOGNIA (I get it on I-Trade) called a LONG TERM BEARISH call based on the pattern MEGAPHONE TOP. Their target price was in the range of $36 - $43. I personally could not believe it yet here we are. UNBELIEVABLE.