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Myriad Genetics Inc. Message Board

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  • p1sorell p1sorell Jan 20, 2005 1:20 AM Flag

    Phase 3 success rates are 70-90%???

    The whole market is going down currently. MYGN will fall back sharply.>>

    Weak market opening provides great opportunity to pick up more stock in MYGN as amateurs sell.
    This stock should not be traded. It should be positioned in high risk accounts on weakness with a 3 year holding objective in mind.

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    • Be careful with MYGN's ambition to start a PIII without knowing PII result. I think it is most likely a last pump the company is playing, before it announces the failure of the PII trial. Otherwise, they should have landed a partnership with a big Pharm Co. on PIII. To me it seems no big Pharm wants to jump in. Very risky!!!

      You will see a big secondary offer to dilute the share soon following this pump. Run as fast as you can now.

 
MYGN
33.17-0.71(-2.10%)Jul 27 4:00 PMEDT