I think this is also going to be a good swing, any thoughts.
Posted by Original_Cashmaker on :
Same category as ELAN, should see a bounce, just make sure it hits bottom before you jump on. 1.30 looks pretty good to me, but i'd let it stabilize a bit. Also, do they have any other prospects 0ther than the alzheimer's drug in trial that was cancelled. I'll certainly watch this one and do some more digging.
Posted by Art on :
I love it when they go down, but not a precipitous drop like PRAN - scares me.
Well worth watching like you guys say.
Posted by amanick1 on :
I think t wil be ok in the next few days think alot sold because of the news that came out but will correct itself in the next few days
Posted by amanick1 on :
any thoughts on todays swinging its up 07 so far
Posted by Art on :
Dead cat bounce. May pull back some - may go up more - hard to say.
I would become interested at 1.1 or less.
Posted by amanick1 on :
not sure of that kind of drop but anything is possible the way the market iis right now but im in for at least a week and see what happens. Btw Art I like the way you think.
Posted by Art on :
DC bounce is after a bottom then an upsurge (the bounce up) and then settling down to bottom again. It is in the upsurge, and if it goes down later, this upsurge was a DC bounce. However, if it goes above 1.14 tomorrow, and stays above 1.14 for a week or more, then the bounce was not a dead one.
Posted by Original_Cashmaker on :
Looking strong again here at 1.30. Bad News is likely over, I'll continue to track this and watch it.
Posted by Original_Cashmaker on :
It is fitting the Elan pattern, no news is good news here.