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ACADIA Pharmaceuticals Inc. Message Board

  • smithlewis89 smithlewis89 Aug 2, 2013 9:34 PM Flag

    Motley Fool article ...

    I'm not a great fan of MF in general , although I did suscribe this year on a cheapo offer , but the math in this article works out to an interesting number. Using their premises I came up with almost exactly a $100 per share pps ... and this is a number that I have seen on this board many times. If ACAD hits that number in the next 2-3 years , then I'm a very happy camper. Just to be clear , I'm not predicting $100 pps , but I do think it is a reasonable possibility.
    disclosure : long since Oct. '12 , starting @ $1.75 ... last buy @ $17.51.

    89

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    • All you have to see is that the stock is under long term accumulation, which you can clearly see on the weekly chart.

      It does look like the next leg up could start this week, which is why I initiated a long position, and will continue to add. Earnings report Tuesday evening could actually be a catalyst, not in terms of the numbers, but what they may say about their progress.

    • looks like alot of people on this board are way underestimating acad value......the previously failed trials are the best thing that happened to acad, they know now how to design and run the trials. i think acad already knows that pima works on adp(thats why bb buying), at this stage of the game theres no way that they run a failed trial.... if the adp trial starts, its in the bag.......and i think there are lots of pleasant surprises that we will be hearing about in the near future regarding other uses of pima....... buy....buy......buy.......

      Sentiment: Strong Buy

    • $100 essentially puts it at a $10B market cap. If they nail the ADP trial in 24 months we will all be demanding $100 as a minimum. I added more shares today at $20.43. I smell blood. There is a shallow cup and handle (demitasse or expresso cup) starting Jun 11th ending at Jul 19th with the handle then starting.
      To be honest, I had Two Dogfish Head 60 mins and a Weizenbier homebrew so my charting might be off.
      Have a great weekend Buddy!

 
ACAD
20.16-0.15(-0.74%)Jul 22 4:00 PMEDT

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