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Genomic Health Inc. Message Board

  • searchingforgains searchingforgains May 5, 2010 4:41 PM Flag

    I love this company

    I love this company. It grows and grows. One of these days the market will recognize it and I am prepared to wait. Well managed, nice going fellows.

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    • Stochastic just x-ed over signaling a reverse to the upside.

    • I agree with you, it is one of the two companies in the bio-tech space I own that are on the right track. I too wonder why they keep beating the price up, maybe Thursday will be our day in the sun.

      • 1 Reply to barbermh
      • RE: "I too wonder why they keep beating the price up"

        GHDX share price held up very well during the bear market in 2008 but has lagged badly during the rebound. This is mostly likely because during bad markets, quality, predictable stock hold up better....during rebounds, the market favors riskier, lower quality names. I have made a small killing the last several months aggressively trading small, speculative could almost throw a dart....but I've been holding GHDX for 5 years.

        At some point in the future, quality stock in this space will rotate back into favor and GHDX will participate.

        i will say this though....the market did want to see a wider approval for the colon test....will still may happen...but product line expansion will be vital to any sustainable growth.....imo.....will post S&P's comments on GHI when they are released....

29.97+0.06(+0.20%)Oct 27 4:00 PMEDT