I'd like to buy in on this dip as well, however, Cowan expects ANAC to miss earnings expectation. So might as well wait till after earnings.
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Excellent - prolong diarrhea on the markets. We are going to 60/share soon...Bye,bye dreams of filty riches...
Sentiment: Strong Sell
We will see...honestly this stock is trading way ahead of itself. There re only a handlful of companies that have the resources to make this product a commercial success, gaining adoption to use as first line therapy. And these same companies are extremely conservative in their valuations and in wanting to throw out a huge number to buy a drug. Now if they all let the market play out for a bit, ANAC would have to launch the drug by themselves or with a partner. Either will cause the stock to drop significantly as all seem to be waiting for a buyout. Then a large company can come in and swoop it up. I would think that if a large company wanted this one they would have already stepped in....
Sentiment: Strong Sell