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Rockwell Medical, Inc. Message Board

  • minnesotafarmcountry minnesotafarmcountry Sep 20, 2013 12:14 PM Flag

    Risk/reward favors longs from here on out ...

    The Fast $$ has been made on the pullback. So, now we risk closing the lower $8 gap to the downside. How much upside is there, potentially?

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    • Not sure how you want it quantified, but the facts are 1) SFP is having great results so far and is being hailed as a potential "game changer"; 2) if SFP is what they say it is, it could wipe out 25% of Amgen's net profits, which makes RMTI ripe for a takeover by Amgen; 3) RMTI is about to get Calcitriol to the market, which will increase their bottom line. So overall...people can bash all they want, they aren't bashing against any facts in their favor that I have seen so far. Upside as far as I see it? Could easily go to $20-25 no matter how much it drops right now. It is was being long is all about, and doing your homework. My grandfather never went to college and worked his way up from being a runner to being the senior partner at Asiel and Co where he was a trader on the floor of the NYSE specializing in Texaco and Revlon, and always said "You're never going to buy at the bottom or sell at the top, so make your decisions, never look back, and don't begrudge the other guy because money doesn't care who owns it."

      Sentiment: Strong Buy

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