believe the market is expressing confidence....could easily be down $2-$3 with this level of ceo
change.....not bad at all.
....also would not be surprised to see another acquisition announced in the next 3 months......hoping larger but we have done well purchasing the smaller companies offering a perfect fit with our core business.
AFTER VIEWING Tony Hunt's outstanding profile the first thought was he would be the next ceo.....but did not think it would be this fast......Walt did his best in selecting Hunt and has a vested interest with 500,000 shares so believe this will be onward and upward BUT YOU NEVER KNOW AND DOWN $1.30 OR SO IS ONLY STANDARD PROCEDURE WITH THIS HIGH LEVEL TURNOVER.......WILL BE INTERESTING.
GO REPLIGEN AND THANK YOU TO ALL EMPLOYEES FOR THEIR HARD WORK AND DEDICATION IN MAKING RGEN SUCH A SUCCESS.
My coaches always said "show me don't tell me" so the more companies explain how good they will will will be the more sceptical i become and biotech's are on the very top of this list......everything is dependent on fda p2 and p3 successes.....otherwise to zero!
historically most large and medium pharma NO LONGER ACQUIRE ON THE COME....THEY MUST SEE MINIMALLY A PHASE 2 SUCCESS.....THEN MAY JUMP IN....BUT EVEN THEN STILL IFFY.....THEY PREVIOUSLY HAD TOO MANY FAILURES.
do not believe this will EVER be a dividend stock.....but even better a "safe" growth stock with lots
of room for top line growth organically and through acquisistion.
You can almost tell the quality of investors from this very "rationale" message board void of nonsense of
most message boards.
simply remember RGEN hitting $26 and backing off a number of times over the past year......so may not be that easy but normally the third attempt to break through is a better bet.
.....very encouraging based on facts and very strong move for 2 days.....but stocks go up and down so
always prepared for the down days......with RGEN there appears to be very strong confidence for future
Actually would guesstimate that we back off the $26 number / see it as a very difficult resistance level.
best - have a ton shares so feel extremely blessed to have made this investment decision (always valued Walt's conservative spending and expertise)....management was also at the right place and right time with da cash to acquire Novazyme and focus on Protein A.....so a bit of fate and luck also.....nobody could even envision a 5 bagger over 8-9 years.
old fashion so just sitting on shares......waiting for $30 in next 2 years and then will re-evaluate position......may take 1 biotech large flyer position........hoping your research on call volume predicts
a future trend up.
happy new year.
and most important GUIDANCE FOR Q1 / progress / revenues / etc.
Can't wait because slow going until then.
Sure many many lost lots lots due to his posts on seeking alpha....it was really convincing.
Just reviewed the RGEN chart and it seems like $18.58 is next support level / could put in a double bottom hope hope!
Then second level is $15.50 - $16.57 / WITHOUT NEW OF Q END WE MAY TREND DOWN....HOW FAR IS ONLY A GUESS BUT $16 NOT UNTHINKABLE.....SINCE NOTHING HAS CHANGED AND POSITIVE EVENTS THE FIRST HALF OF 15 REMAIN VERY OPTIMISITC UNTIL SOMETHING CHANGES DRAMATICALLY.
Appreciate your position and opinion......but rod & renshaw and others are all paid advertisers so their comments mean very little and mostly see their buy sell hold mostly in totally completely wrong.
It seems like ceo and analysts have a very convincing manner.....in this case at $2.45 or so worth a speculative flyer but always concerned about cash cash cash.
Might debate with you, however, seems like your a dumbbell in denial!
....and anytime you witness this type of dilution and subsequent "lack of
confidence" the price goes down......just to explain dumbbell......if this was a positive event the
the price would have held at $3-$5 and not trend down.
Most important this was addressed to those who "spoke to Dr Kelly" and feel that's a big deal!
NOT HARD TO FIGURE OUT: paid to tell a POSITIVE STORY!
Most confidence has been shattered shattered shattered.....very low end cash raise!
.....most appear skittish due to the .12 and .15 low buck financing and the way it was done.....
the obvious potential for more dilution......
screams of a small co that does not really know what they are doing.