what a great presentation from Tony Hunt and the forward strategy and growth is just outstanding.
If you find another company with this type of strong business model and execution with strong
growth moving foward PLEASE LET ME KNOW!
$2-$4 higher.......we need to get on with this but having said that understand the needle in the haystack
finding a fit with our core product and what can enhance their sale.....unless we go for a larger deal.
Hope hope hope we can find something great!
primarily for 1 reason that mgmt did not have the answer about book for 1 product (refer to Motley Fool Contributor article on fri afternoon).....quite a beating we took but its 1 guys opinion and the Q was really strong and clearly the selling stopped during the afternoon.
We will reach equalibrium this week and see by Friday what the share price is......cheap at these levels IMO.
hope all is well with your investments......after looking at the chart it appears there were some institutions selling due to the Q (which was not a problem in my eyes / thought it was strong and continued upward guidance).....
but now appears the big boys are getting back in and we are reaching a decent share price / if I would have been up early and saw the $22 $23 would have bought a few thousand more!! Its cheap at these levels and believe when we see aN ACQUISITION TO add to organic then the price will zip up but that may be next 6 months.
this was a SHOCK SHOCK.....LISTENED TO THE WEBCAST AND THOUGHT IT WAS STRONG.....DO NOT THINK PROTEIN WAS THE CAUSE....BUT ANXIOUS TO KNOW REASON(S).....OBVIOUSLY THIS HURTS HURTS HURTS. Our PE was higH but but that was not a problem for past 3 years??
so not panicking and if the $30 of $32 or close is the floor - and given the strong Q -
with commercial now moving on all cylinders and strong projections and customer
demand = WE ARE IN GOOD SHAPE.....but mr market is the last word.
came back from $25ish with this very strong 3 day rally........feels great and shows
the market strength and belief in RGEN!!
Can continue to make promises and take investors money......almost
an endorsement for not investing in the stock market and how wealthy
overpaid management and board can continue the scam!
JB - we were severely punished with all biotechs BUT the drop from $30-$25 seemed a little overboard......this just feels better above $30 and a fair multiple - we were overpriced at $42.
strongly doubt we get as low as anywhere in $30's.......will see over next month if we find a bottom.......??......imagine low $40's is a possibility BUT NO NO NO $30'S.
Only Q is whether we hit a double bottom low of $25 ish or do we see more downside.....expecting a very strong Q.......acquisition would help.......story and strong business model and profitability remain in place.......but but we are in certified RGEN BEAR TERRITORY so its the limbo....how low do we go?
Good luck to all.
J - there was a time during the last year when we would be up when others were down......and up up when others were just up (so the relative strength was excellent) but the past few weeks were are not showing this relative strength thats for sure ha!
Hope hope hope you are absolutely correct......concerned about ongoing bear market and biotech big bear trend.....brings all boats down and particularly our "biottech" associated rgen.
Volume speaks volume and would be surprised if we did not see $25 and continued volume by
tech traders........very ugly very painful......then hopefully onward and upward,
Biotech needs to catch a bid and buyers need to jump in.......otherwise we continue da agony!
in the $25 is range?
Not fun that's for sure but stocks go up and down and have to endure these set backs or sell sell.......I choose to take the pain.......biotechs will recover and our story has not changed and should be solidified by another strong Q and we should be seeing an acquisition (hope hope!) to enhance growth.