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AmerisourceBergen Corporation Message Board

  • KnotShore KnotShore Jan 11, 2001 3:07 PM Flag

    New Investor Question

    I own a number of biotechs (medi novn imnx genz)
    and pharmaceuticals (pfe aph) but only recently
    purchased AAS and THC. The biotechs seem to be down due to
    sector rotation and the pharms down because they are
    defensive stocks. Does AAS move with the defensive
    pharmaceuticals, explaining why it is down on an up day in the NAZ
    or is there something more fundamental I am missing.

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    • My guess is that there is some wholesale pricing pressure going on here. Technically speaking, two weeks ago the chart started to break down. Certainly didn't like last week's stock price decline either.

    • Nice to see someone post here other than a
      spammer. This is probably one of the deadest boards you
      can find. Also one of the better stock performers. I
      bot in almost a year ago as a value play and have
      been rewarded very well. Stock is held almost
      exclusively by institutions - by the volume of msgs very
      little retail.

      I'm not sure if there is any
      reason for the fluctuations - but they can be played.
      Have bot around 42 and sold at 50+ several times the
      past 2 mos. Didn't buy in this past week because the
      sharp drops were unusual.

      Fundamentals are
      great and company appears to be very well run. Do your
      DD and see what you think. Good luck

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