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MELA Sciences, Inc. Message Board

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  • samhasson Mar 1, 2012 11:15 PM Flag

    what kind of pattern is this?

    Capt, Android, and Bob I do have a subscription to the WSJ, and if below is what you are talking about (which I pasted), I give more weight to the Reuters group report I cited earlier. Below does not give any rationale for how the numbers were arrived at. It might just be a rehash of what others reported, on a combinded basis, like a Jaywalk Consensus report. At any rate, here it is:

    Stock Price Targets
    High: $20.00
    Median: $10.00
    Low: $7.00
    Average: $12.33
    Current Price: $4.86

    Personally, I would give more weight to the Needham group projections who is actively working with Dr. Gulfo, et al.

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