That is NOT the price target; only what Vanheus is hoping for. How can this hit $5.00 when it lost another 10% today? These bio/pharma stocks are scams. Look at CYTX-GERN-PANC
It just might get there. I went shopping in an outlet mall yesterday and hit about 6 stores. The best I did was 85% off and the rest of my purchases were 75% off with an additional 10-15% taken off at the register. There were tons of clearance racks with nice clothing. In this economy everyone is looking for a bargain and won't buy just because it's 50% off like AEO did a couple of months ago. Their prices were still too high even with their discount. People will turn to discounters like Ross-Target-Marshalls and even Costco for clothes if they can't find anything under $15-$20.00 in the brand name retail. I only shop for top brands and can always find something for what I intend to spend. Maybe Christmas will be good for AEO but the smart shoppers are already out before the prices go up for the holidays. 50% is no longer king. . .
That's also sellers. You can't accumulate unless someone sold. I own this stock too but a price target of $6.25 is not going to happen with the "hold" on its drug. Could have been a nice run but all hopes are dashed until the next big "hype" is printed by some pumper. Sorry, but that's how these bio/pharma operate. Most are scams. I will be out if this thing gets anywhere near $4.00.
Cramer is so unpopular now. He could move a stock just by mentioning it on his show but he has burned so many people with his buy ratings on NLY-NAT-DSX-just to mention a few so don't worry about anything he says. Read all the negative posts about him. His show may get cancelled because everyone is trashing his picks and he's becoming the laughing "stock".
If M is struggling, then JCP is doomed. Look at AEO-Retail is not where you want to be right now. This economy is in too bad of shape and JCP is selling their merchanidse at discounted prices. They can't make money giving it away. . .
Just downgraded to sell. Retail is going to take a hit. If you have a profit, take it. It's had a nice run. Hope you made lots of money.
AEO clothes are a little spendy. I think in this economy the discount stores will do better. I have owned AEO in the past but sold when I saw M earnings report and stock go lower because of a drop in retail sales. Watch the bigger stores and others usually follow. I think this could fall further to 12 or even 10 for a bottom.
RH just had a huge insider sale. EPS is negative. I found the info when I was reading the huge sale of ACHN and listed 10 other sales. The list had RH so I looked up the symbol to see what it was but did not notice the stock price lower. Seems like this has had a nice run, but?
Do you think that SOB sold out of HCP after he pumped it? He pumped NLY forever too.
You should sell if you have a profit, ALWAYS
Sold 629K shares of HCP just 3 months ago for $47.89 a share. Think he knew something the shareholders did not? Check out the insider trading for the link. He would have been down 5 million with today's after hrs. action from the price he sold at. Who cares if he gets fired if he has 30 million in the bank. He's probably glad.