I love how the earnings miss was 7 cents on $1.94 estimate (a fly on an elephant) for a single quarter and full year estimates are still the same, yet the stock is now down over 6%. The irrationality makes for great buying opportunities.
Great analogy and concur.
My broker advised me to buy this stock in 1990. Never had heard of Amgen, still on his advice I bought $5000 worth, damn, I look back, which is easy and ask myself why I didn't buy more.
Currently own all shares after a few splits and think I'm overweight in my portfolio with this stock, won't sell any of it. Thinking this thing should split again.