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Horizon Pharma, Inc. (HZNP) Message Board

  • stktrdr2001 stktrdr2001 Jul 20, 2013 11:06 AM Flag

    Friday morning great, afternoon weak..............

    ............. though there has been steady accumulation recently. Who was the firm that recently initiated coverage without a recommendation? Could they be about to break their silence? Or maybe the current numbers on the new launches are strong. Lots of stock created 2.76 - 2.80. Buyers retreated late in day but staunchly defended their large positions @ 2.70. Start of a pullback or just Friday afternoon fatigue? Hope it's the latter.

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    • We lost the .10 gain that didn't happen on Friday, when the stock was at 2,80, and today, one market day later we closed at 2.56. That's nearly a ten per cent swing, testing weak hands for sure. Mikeconfer is giving good advice when he says don't be using stop losses. The market maker is going to shake confidence of the longs to create more shares at higher prices going forward. Get stopped out and you lose the difference, which if we can believe in the BEAT drummed up on this board, is going to be around $1.00 per share.

      Sentiment: Strong Buy

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