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AmerisourceBergen Corporation Message Board

  • mfpf84 mfpf84 Apr 29, 2006 9:44 AM Flag

    recent correction

    Lloyd - good call on the "time to take profits"
    I do not agree with the JP Morgan analysis and believe the company is in much better shape than they let on.
    Looks like to me that there was lots of profit in the current price. Competitors like CAH were starting to falter a bit, so there was a need for a good excuse to pull profits off the table.
    Institutions (heavy ownership) can not flip like the private investor.
    I though the numbers and forward statements were good, so I see this stabilizing for accumulation. Hell, I did not expect such a big correction on good earnings, so I guess we will find out the stocks direction, soon enough.

    any thoughts?

80.78-0.47(-0.58%)Sep 30 4:03 PMEDT