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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: Peter Church who wrote (407)3/12/1997 4:27:00 AM
From: Mr. Moose   of 6136
 
Now, let's pretend we're into black magic here, at Silicon Investor, and more specifically that we can safely anticipate a down trend (a short one, hopefully). If we assume our friend billkirn has sharp vision into the future (cf. reply #403), let's deduct from his note that the lower limit of AGPH is $58, the upper limit being $101, thus with a median/average of approx. $79 right now. Assuming the present trend, how long could it take for AGPH to crash down at $58?? My guess (with some fingerspitzengefuel, I admit) is two weeks, i.e. either AGPH bounces back on news within 10 working days OR it may go through that floor -- on the absence of any news. Since there's good and bad in everything, who in this thread is getting ready to load more shares when they're down two weeks from here? And who's thinking of taking a profit before it's too late?

I'd love to read from you, gentlemen.

Sincerely,

Mr. Moose
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