It won't happen at $13. It won't happen at $23. And it will probably never happen.
If Antegren busts. Maybe.
If Kelly Martin resigns. Maybe
Other then one of those two events, Elan is the Big BIOPHARMA.
You people have no patience. You sound like 2002 all over again. Doom and Gloom. I hope the next group of retail owners are more appreciative of this Mngt. work. You expect your results right now. Give you a clue. You never understood the hole Mngt. was in and you don't understand where they are at today. Those of you that bought calls got what you paid for. A shot.
The smart money sold calls, didn't buy calls.
Elan is about BIOPHARMA. It is not a rigged stock play. Most of you read too much garbage and have little regard for your own opinion.
A good many seem to think the stock owes you.
The ones with the supposed "superior trading
knowledge" have yet to be right. This stock has been reshuffling since Kelly Martin took over.
All the charts have been meaningless for the most part. The stock isn' selling on a PE. It isn't selling on intrinsic value. It is selling , matching buys and sells, and will be until the stock is in control of strong long term ELAN believer hands. At that point, the stock will ract to charts and news like a "normal" stock does.
an opinion