Wed, Dec 24, 2014, 10:17 PM EST - U.S. Markets closed early today


% | $
Quotes you view appear here for quick access.

Myriad Genetics Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • freecashflowgrowth freecashflowgrowth Jan 30, 2010 5:38 PM Flag

    Top Picks for 2010 Piper Jaffray


    This looks like a win win spot with Myriad. The CEO in January said at the JPMorgsn conference that they were on schedule and had additional testing they would begin.

    You've watched good companies go down when they met expectations in their quarterly earnings. QCOM, e.g., had a big share price run up prior to the release and 10Q and they plumeted from $48+ to $40-, when expectations were not gangbusters. That scenario has been repeated by others that met or beat estimates. I even heard an analyst say that if MSFT didn't beat the "whisper" number (well above guidance), they would go down.

    So, here we have estimates quite high for MYGN, and share price super low, leading into the 10Q release. Low expectations for forward earnings. If they raise or reiterate guidance for the current quarter and for the year, I expect return to target share price. Maybe not $34 just yet, but $26+ to $29+ very soon.

    Watch the after hours on Tuesday.

    This topic is deleted.
36.50+0.28(+0.77%)Dec 24 1:00 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.