Sun, Dec 28, 2014, 3:56 PM EST - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

Trinity Biotech plc (TRIB) Message Board

agnash12 1 post  |  Last Activity: Oct 23, 2014 10:09 AM Member since: Feb 20, 2013
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    just bought some more at 17.75

    by duhu12 Oct 22, 2014 11:00 AM
    agnash12 agnash12 Oct 23, 2014 10:09 AM Flag

    Assumptions get you slaughtered. Aside from your cheerleading (which isn't working...), the world doesn't seem as rosy in TRIBland anymore. These recent earnings aren't showing good organic growth even from all their acquisitions, and I read a lot more from their press releases about what would have happened in product or segment X and been better if things were perfect each reporting period. They aren't perfect each season or reporting period.
    There is a reason the stock touched 14.00 today, ironically about half it's value from 3/4/14 when it hit 28.06. That's 7 month, and a 50% haircut. Fidelity dropped a lot of stock OUT of their portfolio, and obviously, so did quite a few other institutional buyers. And why not? In the face of this decline, it's prudent to not marry a stock because of the lure of a 37 dollar target by some sell-side analyst, or the lure of an eye-popping buyout conjecture value.

    2016 now looks like Troponin's approval year. I don't think 2015 will actually record the FDA win for TRIB, unless they can accelerate it somehow.

    That's a real long wait.

17.01+0.03(+0.18%)Dec 26 4:00 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
PG&E Corporation
NYSEFri, Dec 26, 2014 4:02 PM EST
Ultra Petroleum Corp.
NYSEFri, Dec 26, 2014 4:02 PM EST