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Antares Pharma Inc. Message Board

  • koufax62 koufax62 Apr 24, 2013 5:04 PM Flag

    WHY SIT HERE ??

    Simple answer for Beavis' side kick!

    First off, because the shares are under "obvious accumulation" by the heavy hitters. Secondly, the shape of the 8 week base is trending upward. Albeit at an unspectacular pace, more than a satisfactory advantage now gained by the buyers nearer 3.40 (+ or - a few cents) particularly from a prime positioning standpoint looking forward. Third, beyond gains for holders in the near term (best guess mid 4s by early 3Q June/July) the mid term, catalyst driven outlook is really outstanding (best guess = a double in 18 mos.)

    Most importantly, the low risk profile of the ATRS business model @ discounted valuation vs the potential mid term gains (18 mos.) elevates the stock into a category where managed money will gladly "rip the lungs out of retail" in order to accumulate the shares that they're after. Put another way, low risk 20-25% annual growers "that won't cave in OR are thoroughly insulated from economic jitters that may trigger a predictably overdue market correction is,,,,,,,,,,,,,,,,,worth their weight in gold. Based on the mid term growth projections for Antares, that makes this tickers shares worth their weight in diamonds I suppose.

    Somewhat boring, yes, but the length/duration of the basing pattern adds legitimacy to a pending next leg up for the "long term trend uptrend now 4 years old and counting" as well as the time needed by managed money to accumulate large quantities of stock without spiking the PPS back above major technical buy triggers ie;200dma.

    The above is only a broad brush rundown, but I'm sure you can grasp the gist of it!

    Koufax.

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