Again - Motely Fool negative call on Lexicon is a BUY SIGNAL
So if you want in this is the time to do it - Motley is a FOOL for sure and they are a great contrarian entity - go opposite on most of their calls and you are going to do OK. They have come in and tried to ride a downswing on many stocks I have seen but they are like the small investor who comes in at the wrong time --- Lexicon is a buy now with their call. Boolean
Any investment decision should be based on the understanding of the fundamentals of the company. own.Though LXRX looks attractive at current price, on the negative side LXRX has not seen any EPS growth in last Five years which is a cause of worry. LXRX has negative Free cash flow of $0.21.Profit margin of LXRX is also negative in last three years.Though it has potential to do well in FY13 but it's balance sheet don't show any strength.
If your a trader the Fool is correct,these go down most of the time when they report and most who bought in between 88 cent to 1.50 and are traders will sell,I am a trader but not with this one,even if they decide to go it alone and it hurts the price by putting out 7 million shares ,whatever,I would just add then,,as long term this is a double figure stock in my opinion....