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Santarus, AŞ Message Board

  • nowwheretogo22004 nowwheretogo22004 Apr 27, 2011 9:03 AM Flag

    Volume

    At least we did 403 thousand shares yesterday. If we have a couple two hundred thousand share days, we're susceptable to turning downward.

    May 2nd maybe some news on the legal front. May 4th after hours, we will have quarterly earnings. Right now there's not much to move the stock. Although, I would be surprised if it doesn't hedge up another dime between now and then. I would think the speculators may be buying on Friday and Monday in anticipation. At $3.20 a share, there's not much of a downside risk here, maybe 2.80 on really bad revenue. The upside is much greater as positive income, overturning the patent lawsuit, and upcoming phase 3 results could easily bring us up over $4.

 
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