20.00 today i don't think so.Although i do believe after a couple more days of selling their will be a move back into the 20.00 area.The market doesn't care what true value is.Its sell and sell more now.Until the mind set changes everything will go down daily until the algos are switched to buy everything, everyday
down 30% on a earnings beat, nice time to buy.I see this going back into the low 20s in the near term.Once the market figures out things are not bad when oil is down the market will roar back.Stocks like this one will be back in the 25s by April 16
Watch this rebound in the next week into the low 20.00s.Company hinted some good numbers were coming out very soon.This is a lot of forced selling of everything.
When does the forced selling stop.Economy is great, cheap oil is great.Europe picking up,last i checked people need their drugs.When the forced selling is over and the last man is out my guess stocks like acad will see a 30% share price recovery in a week.
So will we see the biggest bounce ever? Macd in acad has never been this low.Its 200% below the last lowest reading in 5 years.If they do bounce its going to be a huge bounce that could last several weeks imo...thats a big if
Actually thats a very bullish post. Bottomed are put in when most throw in the towel. Thanks very good indicator we are close
has never been -3.48 the lowest its been was -.98/-1.00 . From those levels we say rebounds of 16.50s/17.00 to 29.00/30.00 within a 2 month period. Thats out the window if the sector doesn't get back in favor.Or acad releases some bullish news.Adcom will vote to approve their drug.This is a 40.00 stock but when?
I think anythings possible but 16 likely not going to happen.I'd be surprised if buyers dont start to buy this into the close to finish in the 20.30s range. Although the sector conts to get bearish money flow and anything is possible when you have this sediment
Vast majority moving lower. Acad just trading in line and in fact a little worst then most.New bearish technical breached today on the weekly.Algos key on that stuff and sell more.Path of least resistance in lower
Until that changes expect daily watching the pps go lower.Until a take over or something positive in the sector gets the buyers back its short all you want! Weekly 200dma broke, now more bearish technical trading lower.Algo's are in control and the volume is heavy. 5 days down normally can mean a short term reversal is near.Buyers i think will be rewarded down here.Sector money flow comes back and the buy to cover algo's start acad will be back to the 25s in a couple trading days
I agree its a strong buy but you have to buy and hold your nose because the whole sector stinks for bullish money flow. I agree its a buy but we need a take over or something again in the sector to see the buyers come back in.Now its machine algo's and forced sellers that control this sector.So many bios up 4-5% this morning now down 4-5%.Acad just trading like the rest of them. I see no recovery until some really good sector news starts to flow in
agreed, likely we see a strong vote for approval but today and the last month it doesn't matter.I think approval could be 100% certain today and the stock would still go down.Their are no buyers in the market for the sector.Just robots punching on shares where they see the path of least resistance.Which for now is down.
Its a pretty standard thing.Here's the issue Biotechs are are seeing outflows of money.So don't put so much on Adcom. I'm seeing the same pattern daily on many other bios.Small pops then sold into.Until that changes ignore the day to day watching of the pps.It will just get you to sell and the absolute worst time. Acad will get approval but that doesn't matter when the trade is sell biotech. Watch if next week we start to see a money rotation back into the sector acad will be back at 25s in a couple days
No its on the website and i guess its freaking people out.Although a lot of bios that were up at the open moved into the red.Acad is just following the sector trend which has been down.At some point the buyers will come back and the short sellers who have been controlling the trade will cover.
Fuel prices is averaging around 1.70 a gallon in the bulk of bobe restaurants. You wouldn't know thats great for spending if you just watched the stock market.......the places are busy and folks are spending now as they see gas will stay down and its not a blip like its been most of the time.This kind of company benefits the most.Strong buy, i see this in the mid 40s short term
Stocks so oversold its RSI is at 10 . Last time we saw a move down here in the next month the stock moved from a low of 32 and then went back into the low 40s.ACAD is a very good company with a great potencial for a large pharma to take them out!