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Genomic Health Inc. Message Board

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  • stupid_hobo73 stupid_hobo73 Dec 15, 2011 4:55 PM Flag

    comfort food

    RE: "Your 23 target is nonsense.You are fundamentally out of sync with this stock."


    "fundamentals" will drive this stock long term (higher)....in the short term, any of several macro catalysts could drop it sharply....even much lower than $23....important for traders....not so much for investors.....know what you are....know what you own....

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    • I'll believe 23 when I see it, until then there is always institutional sized buying on the dips. It will take a serious event, like someone shooting Obama, to take this stock down to 23 for a day so that it could be picked up at that price. A slow walk down, I don't believe it unless you can convince a lot of institutions to hold off.

      • 1 Reply to searchingforgains
      • RE: "I'll believe 23 when I see it, until then there is always institutional sized buying on the dips. It will take a serious event, like someone shooting Obama, to take this stock down to 23"


        It doesn't seem like it, but GHDX was $21 less than 2 months ago.....granted, they've doubled their 2012 guidance since then, but the market can be a tricky thing in the short run.

        I've got a full load of GHDX shares so I don't buy on dips, but that's the best thing you can do if the market's gonna pull this thing done again.

 
GHDX
26.73+0.08(+0.30%)Jul 25 4:00 PMEDT

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