In all my trading years since 1976, this is the
FIRST time I have ever seen a stock go DOWN
(significantly) the last week AND the last day BEFORE an
announced 2:1 split AND an upgrade from PW. I know about
sector rotation, but in view of y2k "scares", wouldn't
institutions want to be in "defensive" drug stocks at this
time of year?!!!Oh well, maybe this is a message to
the "gredy" from the Lord. Let's all pray for mercy.
As has it has done in the past, AGN is a quality
integral pharm company that NEEDS a POSITIVE news press
release to correct this stock. Even though the "insiders"
have sold their stock, there are still PHYSICIANS who
are the biggest factor in keeping this company
"alive" with earnings through the rx's they write for
patients---the DOCS are the "losers" BIG TIME. With the many
years of med school expenses and dedication, the docs
should consider writing competitor's products (Elan,
Bausch&Lomb, Schering, Merck products). It's truly SAD when
AGN doesn't support it shareholders---other drug
stocks have started a turnaround. Isn't it possible for
a positive, honest press release from AGN?!!!
Does anyone know what the hell is going on with
AGN. They are falling off the cliff and the slope
seems very slippery. Thought some of the drop over the
last 2 weeks had something to do with pre-split
positioning, however, I did expect to see a bounce back today.
I had the support levels for AGN tagged at 45
(presplit 90) but it seems to have steadily pushed through
and well below that. Read the comments on Elan and
BotB. May have something to do with it but by the looks
of things AGN is headed towards giving back most or
all of what it built in 99. Anyone have any idea as
to what's up?
AGN has had a tremendous run over the past year+.
In my opinion, there is nothing wrong with this
stock except the expectation from inexperienced
investors that appreciation is infinite on a daily
I suggest you go to the Motley Fool and read up on
investing. Also, Warren Buffet and John Bogle have some
excellent books that might help you.
what the hell do yu kno...hahahaha...dust this
off...dam aliens r after me and ol blu...dam it....damn
aleins commin down in the mudder ship...i take medicene
doc tells me thay cant cee me and ol blu long as i
take my medikation like im suposed too....workin real
good so fer.. havent been molested by no aleins fer
months...ha haaa...gotta go take my eneeema now...god bless
and sure nuff glad we cud komunikate in this hear
maner! god bless...me n ol blu r signing off...by now...
Merrill upgraded to a 1-1
been some Insitutional selling over the past several
weeks (1 long-term holder)
Stock should maintain at
these levels and move up as product announcments