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SAVİENT PHARM AŞ Message Board

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  • ywu999 ywu999 Mar 30, 2011 11:36 AM Flag

    Put a limit short on $10.55.

    What I saw is a company which has negative net worth and single trick pony.

    Its revenue pick up will take at least 2 quarters. The revenue will be terrible or nothing. European filing may be delayed. etc. etc.

    BUT THE MOST IMPORTANT OF ALL, THE PRICE IS DROPPING.

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    • I see. Have you ever invested in small bio tech companies before ? Most other bio tech firms with similar caps don't have approved drugs or their approved drugs has a limited potential. On the other hands, Savient's K had been approved with strong patents to address larger markets and they have enough monies to launch the product worldwide.

      I cannot say what the stock would look like for the next 3 months. But I would be surprised if the stock is not at least high teens by the end of this year.

 
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