Agouron Pharmaceuticals (AGPH) Message Board

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Biotech / Medical : Agouron Pharmaceuticals (AGPH)

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To: Biomaven who wrote (4630)	6/30/1998 10:17:00 AM
From: Steve Fancy	Read Replies (1) of 6136

Yep, this continual buy on weakness strategy on this stock got me in a lot of trouble. The stock action as of late has been downright lousy...a sloooow but sure downtrend. The stock had not broken 31 this year until today I believe. Watch out if it goes below 30. If the Remune news on Thursday doesn't move the stock, could be trouble. AGPH seems to be going for broke...all these moves recently look to be panic driven moves...I suspect they know they had to do something. I am increasingly of the opinion that the only reason they're carrying on the AG3340 trials was to prevent the stock from tanking while they get their act together. The insider selling is making more sense. I know some here don't like these types of thoughts, but before I'm flamed, take a look at a two year chart. Hope this company doesn't take us all down along with it. sf

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