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Accredo Health, Inc. (ACDO) Message Board

  • ilygod ilygod Apr 10, 2003 11:07 PM Flag

    a matter of time

    small float can go both ways. the selloff was impressive. someone sold a boatload of shares; however, that also means someone also bought those shares.

    looking at past institutional interest, they will return. if you sell now, it must be painful because ACDO is more than just 50% down from year's highs. it's off almost 70%. a company with a good track record and positive earnings will return to warrant a p/e>25.

    in time funds will again take ACDO to the $20's. buy and hold this puppy. it's just manipulated.

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    • You know the shorts can hold down stocks, but only so long. This company has high avg volume high level of institutional interest. Looks good to me. Could see lower levels, but 2 weeks to 2 months from now I see levels of 17-20..
      Set sell orders @ 21 on your shares so the shorts cant borrow them longs. See ya @ 20