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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: Intel Trader who wrote (1969)10/1/1997 2:01:00 PM
From: margie   of 6136
 
Yes. I would not be posting here if I wasn't very long and very optimistic.

See this post as well, from biopicker.

To: t36 (1950 )
From: biopicker Sep 30 1997 8:21PM EST
Reply #1951 of 1970

Folks, this is one of the semi-annual Agouron give-aways. By that I mean, once or twice a year Agouron has very sharp sell-offs which are based upon stories which do not have much substance. The latest sell-off is a case in point. In less than 2 weeks, Agouron has fallen from 56-1/4 to 46-1/4, the equivalent of 20 points on the pre-split stock. The volume yesterday was heavy but not really climactic. Combine yesterday's volume with today's and you get approximately 3.5 million shares having traded 46-1/4 low to roughly 49 high. This to me is an important buying point. It is a very low risk entry point.
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