Such as to NOT over-react based on yesterday, I gave today a good look-see to view the upcoming future of SGEN.
ALL things considered, and, with emphasis on 2 like-kind items in the last 2 months, I can offer a target price of $16.44 within 3 weeks.
Understand that i'm NOT negative on SGEN the potential, just SGEN the equity and the gamers there-of. Of course you'll do as you see fit with your finances. But if you were on the cusp as to what to do in the near future I just gave you my spin FWIW.
Do your fellow readers a favor and leave this post untouched. As the last month has been VERY accurate guidance from this author, I can see (have figured into the mix) my target price being easily obtained.
Again, this is NOT Monkey-darts or best-o-17 coin tosses. there might even be a significant holder of SGEN who has the clout that'll prove me wrong. but that's the only (obscure) event that'll keep SGEN from my target price.
And as is typical the drop won't be pretty.
i know I'm not gaining any friends on this board with this revolation. but then again over the last 3 days I made you oodles of $$$ if you took me to task.
Good luch to all. I fully appreciate that this neck is fully exposed. but I'm hard pressed to see honest prople lose significant amounts of their hard-earned money as "market oportunistics" take it easily away from you.
In all fairness to Rick, trying to be smart & cool with forecasts , the best way to call it...."Sgen's price will fluctuate".
Now long term, that is another adventure and that ride could be awesome on the upside.
From a $3.25 average purchaser (20 buys)of 10,000 shares holding for long term . Anyone ever hear of holding for long term?
From a proud immigrant who is still learning the American Way. Please forgive my spelling.
perhaps buying at 17.10 and then selling out a couple hours later,
then predicting the stock was going to drop (when it did not) might finally teach "somebody" a lesson in investing! I dont really give a rats axx about sgen's volatility (all my other huge
winners in the past were as volatile or more than sgen)-nor do I
care much about when it is trading in a tight channels- all my other huge winners had weeks where they did that too!!-I've always understood the tight channels as being a sign of strong support by deep pockets (I think it's a good thing). The only right way to "play" a stock like sgen is to buy it long and NOT WORRY about the few pennies up or down it goes in the next few minutes- and if you think it is "not worth the risk" dont invest very much- DUH!!!!! if you are so sure that the stock is going to drop, add a little now (JUST IN CASE IT DOESNT) and add more later if it does. One day, in the not too distant future, guys like you are going to see "sell" signs written all over sgen, and you will act according to your past short term tendancies, and sell, perhaps you will even have enough nerve to short it. On that day, sgen will break out and pop 20+ percent, and begin to show its true power, trading not on current day financial fundementals, but on its future worth- guys like you NEVER get stocks like that, and NEVER have enough GUTS to buy them long and sit on them. ADC technology is the future, and SGEN is one of the
leaders in this field- someday its going to be over $100.00- and you could buy it right now for 21 something.
He's awfully quiet. The 100 shares he shorted at $19 must have cost him his food money for a while. Probably not getting out of bed so he can conserve energy. At the same time, he'll think of ways to move the foot that's wedged into his mouth into his throat.
Hey , Rick 'a' rooster is just a plain limp cock044645640. Every day he claims to have a raging hard ** and rarely he has some blood flow.little rustling of that implant. Ah well, when a vast majority rail at his craziness ...he still buys at $17.15 from what in his words is the Baker Brother manipulation. When he wins he is proud of his genius and when he looses he rails at the of baker boys doing him.
If only it were that simple. The market is'nt just a spreadsheet of numbers - its a game of greed and fear. If the market worries about Europe and unemployment subside, this stock will rise like all boats. Stop scaring everyone with your numbers mumbo-jumbo.