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Albany Molecular Research Inc. Message Board

  • moleman303 moleman303 Mar 9, 2005 8:31 PM Flag

    Why should I remain in this stock?

    I just recently got in AMRI, after watching it fall 2-3 points in one day. I did so as a short-term move. After some further examination, I see no reason why this should go up any time soon. I have found other stocks which are far more deserving of a quick bounce-back than AMRI (e.g. ELN)

    Any thoughts?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • ELN fell 75%. Huge over reaction. It should have fell 30% or so. and It already has made a nice bounce. 30+%. Hence its too late to get into ELN. I like this stock. I'm selling at 10+. if you like penny stocks check out LAMP.OB
      Best of luck

      • 1 Reply to leecyrus05
      • "It should have fell 30% or so. and It already has made a nice bounce. 30+%. Hence its too late to get into ELN."

        According to my numbers, (based on your first statement, which i more-or-less agree with), ELN should have dropped to around 18 (30%). Instead as we all know it plummeted to 5. I would think it be reasonable to expect ELN to climb back up to the mid-upper teen range in a few weeks.

        Any thoughts?

    • I think you have answered your own question. If still in doubt, you might want to consider how big the loss last year would have been without the royalties:
      Loss $11.691 M
      Royalties (inc in Loss) $47.973 M

      Projected loss without royalties $60 M

      OK so what�s up with that - royalties may end this year. Certainly they will be much less - already down the last two quarters. Do you believe AMRI can defend its process patents? If so you may have a stock worth $4-6 with declining royalties. Process patent are very hard to defend so what do you think this stock is worth. My bet, the pink sheets within 2 years if not sooner!

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