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DexCom, Inc. (DXCM) Message Board

  • Fanofstan Fanofstan Jan 13, 2010 12:51 AM Flag

    Conflicted

    This may sound crazy but I sold 50,000 shares of this stock between yesterday and today. Still own 280,000 and my average price on all is a little over 4 and I feel like I left money on the table. I believe this thing is going higher in the short term but I was o overweight I had to lighten up. I am happy with the gains and I dropped 3000 shares on a bid showing 600 twice and it just gobbled it up. Not one time in 2 days did my sale take out a bid. Someone has an insane appetite for this stock and I can't figure what short term catalyst might be the trigger.
    Go back through my posts and I have said all along that $10 early in the year, mid teens by year end and a takeout in 2011. But this thing continues to make new 52 week highs on good volume and keeps chugging on ignoring a down day. Could someone be swooping in already? I don't think we are at the levels necessary to unlock maximize value yet. Stay tuned.

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