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Myriad Genetics Inc. Message Board

  • p1sorell p1sorell Jan 20, 2005 9:52 AM Flag

    Quote of the Day

    "Buying a stock without inside information is like buying cattle in the moonlight"

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    • How about ELN or SEPR? Sorry but they're out there, it's just a matter of buying them when they're low and selling them when they're high. Remind me to sell at 250.

    • >><<Please, give it a rest. 8 to 80 is NOT 26 to 250 or don't you understand the difference?>

      I don't understand, please explain.<<

      Listen pal, I don't know what your "game" is but why should I explain the differences between a company that rose MOMENTARILY to 80 on speculation versus a company like AMGN that has products and revenues that have existed for years?

      If you can't see the difference between IMCL that now trades at the 37's and discussions about the long term prospects of MYGN or comparisons to AMGN, then you need more help than I'm willing to give you. I won't even begin to go into the market capitalization issues or anything else surrounding your ridiculous example of IMCL. Please don't waste my time on such nonsense.

    • <<Please, give it a rest. 8 to 80 is NOT 26 to 250 or don't you understand the difference?>>

      I don't understand, please explain.

    • >>"Buying a stock without inside information is like buying cattle in the moonlight"<<

      Evidently we're all "midnight cowboys" here.

      Aren't most people inspecting cattle in the moonlight either perverts of some stripe or rustlers?

      cheers

      ps. Nevermind- forgot about the "cow tipping" scene in "Tommy Boy"

      • 1 Reply to moosedogger
      • >>"Buying a stock without inside information is like buying cattle in the moonlight"<<

        {{Evidently we're all "midnight cowboys" here.}}

        Indeed we are, lol.

        However, responding to our newest resident (nutcase) is akin to "baying at that same moon", in other words, a complete waste of time :>) Between his 250 in (3) years and his 30's coming any minute now, I don't know which is more delusional......well on second thought, 250 in three years IS pretty delusional. I wonder if AMGN in its glory years, with (2) mega revenue products and the greatest bull market at its back rose anywhere near that far?

        And the answer is.............. No. In fact Amgen's best 3 years were 98, 99 & 2000. During that 3 year period Amgen's price rose 680%. So let's take this nutcases 250's prediction and put it to the test..... If MYGN were to gain 680% from (26) it would place MYGN @170, by 1/2008. That's a tad short, but even more important are substantial facts and "realities" i.e., we're talking about only (1) future product MAYBE instead of (2) established products as in AMGEN's case, we're also talking about MAYBE it being approved and solidly in the market place, with substantial earnings within this same period. We're also talking about all this happening during a SUBSTANTIALLY less bullish market period than what occurred back in the blow off (irrational exuberance) phase of the greatest bull market in history!

        Our little delusional friend asked us yesterday whether he was or is crazy....I vote in the affirmative.

 
MYGN
38.34+0.55(+1.46%)Jan 29 4:00 PMEST

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