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Myriad Genetics Inc. Message Board

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  • cyoung8404 cyoung8404 Jun 16, 2010 7:35 PM Flag

    Bear Raid

    Good points. What you have pointed out is why individual investing is so difficult these days. Dramatic stock swings can happen very quickly on as little as an unknown analyst's downgrade. Once the program selling kicks in, it is difficult to stop. Hopefully tomorrow will be better. How many companies have over $5 per share in cash (counting the $100 million buyback allowance), no debt, over $1.30 in projected earnings, and cutting edge science? At $16 and change, it should attract a lot of attention tomorrow from institutions. MYGN should look so attractive that Carl Ichan may decide to make it his next target. Wouldn't that be a hoot! IMHO.

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