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DexCom, Inc. (DXCM) Message Board

  • sheenarazi sheenarazi Sep 18, 2009 1:10 PM Flag

    Quite looks like..

    Quite looks like we are building some support here technically around $8....would be nice to see us pop like MNKD did.

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    • ya....I hope we still break out but i also wouldn't be too surprised if we breakdown....there has definatley been a little selling's volume was light though....yesterdays volume was actually double todays volume. I still think we break away from this range soon....hopefully to the upside.....i cant remember but did they give an outlook or revenue range for Q3 in their last call report? I will look into either way but i was curious to ask incase someone had a quick answer.

    • Yes thank you sheenarazi. I too am 'lil suspect; as I am with all equities. Making an investment about which one does not/cannot know all relevant issues is always a kick. In this case because of the potential market, and management, it looks on paper as a buy. But when you consider previous product and other issues which led to severe declines in the stock price - one does not know if there will be a round two, or round three of similar situations... the block trade just under 8 recently and the increase in the short position are I agree possibly bearish tells... I may sit on the sidelines and look for an opportunity to enter later...or check out some puts. but sometimes i ride a roller coaster because while yes it goes up and down, you know where it ends.

    • It's coming.......soon!

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