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Antares Pharma Inc. Message Board

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  • tappyt_2000 tappyt_2000 Aug 1, 2010 7:01 PM Flag

    Just booted fins and sold 10K at $1.53

    marketexplorer:
    I have been doing this for a long time and I have learned to look
    at value and opportunity. Investors sometime have a herd mentality;
    a few sell and others think the "smart money" is selling and they
    jump on that dead end band-wagon and things happen like the very
    recent 25% pull back in AIS. Same thing can
    easily happen in reverse on the up-side..

    I truly think that AIS can hit $10 this year - (and most here laugh
    at my targets, and that's OK) - but the lowest analyst's estimates
    I have seen is $3 from Ladenburg and Roth - $3.50 from Madison-
    Williams and $5 from Michael Murphy. These are smart professionals
    and the lowest target is up 100% from here. I love the support of
    these analysts, but I ultimately buy stocks on my own research and
    due diligence and I know of no better risk/reward ratio than AIS.
    I have posted here many times all of the bullet-points I like so
    much about AIS and also that I can foresee any problems in their
    future.

    Your thought about nervous investors might be right-on and maybe we
    haven't seen the bottom right in here - but no smart investors (except
    for some technicians and traders) look to pick bottoms. They look for
    value in greatly undervalued stocks - and that is AIS. Maybe if your
    worried, keep some powder dry and if it does drop further, average
    down to reduce your overall cost basis - but the downside is far, far
    less than the upside potential and to wait for a further drop of a few
    nickels and risk missing out on a few (to several) dollars on the upside
    is the dictionary definition of: Penny wise and Pound Foolish.
    GOOD LUCK