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Sarepta Therapeutics, Inc. Message Board

  • mdwhittier mdwhittier Apr 25, 2013 11:30 AM Flag

    Range Bound

    The reality (imo) is that the share price had gotten over-extended, near $40, on the expectation of a smooth filing of AA and all blessings by the FDA. These situations are never that seamless; there are always thorns somewhere.

    The current situation appears to be one of stasis; we've reached equilibrium between the bull/bears. In the absence of significant news, we'll probably tread water around these levels (baring major mkt. correction) until the water clears, and AA filing is announced or denied.

    Sentiment: Strong Buy

 
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