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Albany Molecular Research Inc. Message Board

  • stk_hnter stk_hnter Feb 2, 2012 3:51 PM Flag

    Waiting For The Other Shoe To Drop

    "Given the recent plunge and mini dead cat bounce that followed, it would appear that the new trading range for AMRI will be settling in around $2.20 to $3.50 AMRI will probably hang around that range until the next big plunge." - stk_hnter - 8-Dec-11

    The reason I am reposting my own quote is not because I am an egomaniac or a narcissist, but because I will not try to hide from my own commentary or predictions. Among other things, AMRI seems to be trading within that general range. Recent trading volumes also seem lower than usual, which could contribute to stock price volatility.

    Given that AMRI is scheduled to release their results on 7 February, we will see whether or not their results will trigger the next plunge in their stock price. I am sure investors will concentrate on their numbers beyond any nonrecurring items, although with AMRI restructuring charges seem to be a recurring event. I am sure that investors will also look for some color on how the "new streamlined" AMRI will proceed.

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AMRI
22.18-0.71(-3.10%)Sep 19 4:00 PMEDT

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