Will not be shocked whatsoever....i can see 25% gain on Monday and here are my reasons: First, HZNP unfairly punished 10% for endp news that had nothing to do with HZNP. So 10% gain on Monday will only get us back to where we were prior to endp moronic reaction. So that in itself would not be much.
Guidance and earnings was already given few weeks ago so cc on Monday will not be worse but probably higher based on the company over performing on cc calls in the past. In addition, with Monday's quiet period over, they can announce a buyback which will flock investors to the stock not only because the company is showing confidence of being undervalued but also because they have another phase 3 results coming....
Last reason reread Bruno's post on current PE to average HZNP trades at and that is not even counting future pipeline activities.
Sentiment: Strong Buy
I don't get why people respond to ignorant statements and panic induced posts that are false to try and create selling....instead know what you own and buy more on this orchestrated drops...
Anyone wanna take guess as to how high we pop on buyback announcement. Because of bad ibb sentiment I think it will only be 10 to 15 percent pop. Not too shabby
Thanks fireball, I think at this price complete no brainier to buy as much as possible
Fireball, it's nice to see you here...I just have bought 4K at 15.20 cost average...wish it was lower ofcourse but I loved how strong it's been hold last few days during ibb carnage...where do you see this going short term and is Monday earnings? Syn under 2 bucks
victor, thanks for sharing your thoughts!
wow Victor, what I call! Wish I followed you to artx...Up over 11% in AH....What do you use to determine brreakouts? Candlesticks or other tools? Do you have any other gems you are tracking? Thanks in advance.
Yup just listened to it but was not able to learn anything new from interview...other than Riliey once again stated he expect Syn stock price to appreciate greatly this year...Did I miss something other than usual we are still looking for partnership spiel.
looks like your rules and technical were correct....Do you have a target price to get back in? Thanks
Very gutsy with possible news tomorrow we go over 3plua
just wondering what your technicals say about ptx....Looks like MACD just completed a bullish crossover. 10 EMA looks like it may cross 20 SMA in a week or two. Was wondering what you see