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Allergan Inc. Message Board

  • stigmaii stigmaii May 17, 2005 8:18 PM Flag

    Why is this still going up?

    Is this running on fumes or pumped with its own product? No visible reason for rise.

    Technically RSI, Stochastics, MACD show overbought. Riding upper Bollinger Bands for the last 5 trading days with declining volume. All Bearish indicators. Look for this to retrace to support at 73.86.

    Anyone see a different scenario? Your thoughts/comments welcomed.


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    • this certainly old news,agn being bought,but it still is a "street" topic.

    • Got back in the market in March 03 just when things started to look up. Been in Real Estate all my life it seems. Northeast Tri-State area been good to me. Want to move. Getting crowded.

      Trading seems to be the big thing now. No one talks longterm beyond 12 months. Have to hedge nearly everything. Fundamental analysis and/or technical analysis don't work as well as they use to.

      Will be patient with this a while longer. Believe it will eventually find a lower level and I can unload.

      Thanks for your response. Good Luck!

    • I know what you mean- really got tired of it several years ago and took most of my $$$ out of the stock and started buying real estate here is Southern California. Was buying homes here 3-5 years ago for $180- 220K. my in-laws thought I was an idiot. lots of nice 3,000 to 4,000 s/ft homes with 3-4 car garages. whats nice about that is you don't have to worry about the stock games going on and because I bought homes in Temecula and other nice areas, got really good renters that I don't have to worry about much of anything. hell, I worried more about stock than real estate when it really gets down to it. can't trust most of them with their numbers. really feel sorry for lots of those people out there that lost their retirement, pensions, etc.

    • This game is starting to make me tired. With MM's playing games, insiders fudging numbers/news, pumpers/dumpers and talking heads I need a break.

      Needed to vent. Frustrating week.


    • there are several people inside allergan going around currently trying to "sell" allergan and their pipeline with news. last time agn took a ride to $100 (some time ago)was because pyott had been going around spreading the "news" and he had a clause that if he got it above XXX then he got a big bonus. well he got that , now the bonus program is off (has been for a while)- may be waiting for another incentive???????

    • as mentioned in previous comment- it's going down soon..yeah.. it's on fumes. only a question of days now. could be tomorrow, but your numbers are correct. there is nothing to support this and just amazing- but its going down- patience

    • Actually, I see volume trending up the last 2 weeks of this move up. Also powered past it's 50 & 200 day moving averages. As to why, don't know. I know they spoke at a conference today but can't see that anything interesting came of it.

235.68+0.82(+0.35%)Mar 4 4:00 PMEST

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