Interesting to see whether 2nd will fill on this pop too.
Normal profit taking here - will see if we get a bathtub day, where institutions back in early morning and late afternoon. The trader stuff all washes out.
A Profitable Company like IDPH.
That's too funny for words. They are not profitable. IT'S CALLED WALLCROOK STREET BULL
Why did the stock drop from 46 to 31? Simple, it's a momentum play. And when the crooks leave a stock you are screwed.
The stock's real value is between $5-10 per share.
Still want to trade IDPH?
If you want to know why a profitable company like IDEC stocks tanks from 46 down to 31++, you have to be a financial analyst of some sort to understand.
Read Netcomhawk's past posting and the book Netcomhawk recommend (Arthur Levitt's book "Take On The Street" ) and you will be ready to go back to playing the stock and be wiser in your investments. Other than that, I will not bet my money on this kind of stock.
Refer to KBROKER's past posting and you will get her experience.
they make cancer medicine, sell cancer medicine, make profits, build company and make longterm shareholders rich, invest profits in new drugs, repeat process, build infrastructure to partner next "wow" compound out of a small biotech, wow patients get better, investors make money, everybody is happy except the poor short sighted ones who bicker every day about "this pos"
idph is doing okay in a
Yes there is a better company profiting from the whole pharma and biotech sector: QGENF, Netherlands. They supply the whole sector, have positive earnings, growth, good management and they will continue to benefit for years! Check it out and let me know your opinion!