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.
Believe we see capitulation on volume in the next 30 days and then back up.
Same thought......but we have been so fortunate that we have not reflected the poor biotech performance the past 3 months during this downtrend.......caught up to us today!
Reviewed the biotechs and they are really getting hammered with a sledge hammer!
Wow for anyone who wants to get in this would be a buying opportunity.......we have
been insulated from these SIGNIFICANT drops but today we are feeling da pain as
others have flet on days when MR MARKET IS PUKING!
the other consideration with REPLIGEN.......we are so totally running with the biotechs (mostly good / very strong sector) and we are actually exhibiting strong relative strength as we have not taken as much of a hit over the past 3 months when the sector was puking.......love it love it!
inched over.......to mte this is an important benchmark and although volume is
very low like like like da last 2 weeks of relative strength....so looking good.
great stock....rated well,,,,growth growth....but da market and large sellers are controlling the downtrend.
So we wait and determine when the selling will be over...see da red red on Friday!
completely overestimated how lci would react react react to the acquisition and large short position but but
feel very fortunate to get out at $55 (bought at 51.51 x 500 shares)....WHY.....stock just not acting strong and instead of a strong upward bias / with short covering and acquire.....it continues this downward trend and bias.
Love love love the stock and the story.....my buy back in when the market is not so bearish.
Thats just me.
The day was a surprise to me......thought much more short covering and up up uo......tells me there is still this strong sell sell sell sentiment and bias.......wonder if these people are betting on the bear market correction to continue....sure seems like it!
Very very surprised that we did not blow through $60 ......... appears shorts are not covering in mass.......
there appears to be a very strong conviction against this stock increasing in share price EV EN WITH THIS
do we open at 58 - 59? Shorts will be covering like crazy....or will they wait to see what happens the next
few days and next few weeks or panic panic and cover next 2 days??
Started position with 500 shares and was kicking myself but but now wow wow feels good!
have done so much homework and due diligence on LCI love everything about it from growth to
profit to management etc etc too long to list all the positives.......BUT BUT MR MARKET AND
A SLEW OF SELLERS ARE TELLING US DIFFERENTLY......NOTHING ELSE TO SAY!
This is really surprising.......should be trending up up but showing no conviction and the selling continues by institutions.......why why why is the question?