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DepoMed Inc. Message Board

  • ozzman_is_the_best ozzman_is_the_best Mar 4, 2013 2:33 PM Flag

    Market no longer makes any sense to me

    Happy for the longs, however how does this make even the lick of sense? this should be down at least 15% on a down right FDA denial. Yet here we sit at only 10% loss.. I'm blown away at the buyers in the market this year. This is not a bargain at these prices. it's a solid dump for cut loses.

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    • Those who followed this closely didn't think the odds were very high for approval - so there wasn't a lot of downside in the price. On the other hand, if it had been recommended (which would have been a positive surprise) that would have been good for a couple of dollars on the upside.

    • there are just so many day traders following paid subscription services, plus all those computer trades that trades in micro seconds for pennies......i get lots of tweets, i beat the minions here when i called for over $7 some weeks ago and lo and behold those paid services said to jump onto DEPO and the PPS rocketed over $7 which I sold, then they said they sold so did all their minions.........if you can stay ahead of them or just buy a good company and hang on thats the only way to make money now...CELG is a good one to hold onto for a couple years

14.94Aug 19 4:00 PMEDT