SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : QDEL - Quidel more quick diagnosis
QDEL 24.35+14.3%Nov 21 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: DeadHead who wrote (627)4/15/1997 7:15:00 PM
From: Michael Bakunin   of 1693
 
There were a few big blocks traded, but many of them appeared to be at or near the bid price; no large block crossed over 3. Action like this certainly can augur good things, but today's movement didn't look shockingly positive to me.

I would probably buy the stock up to about 3.5-4 if it weren't for that pesky lawsuit. That price range is around where the price/1997 forecast earnings is half the forecast 1998-over-1997 growth rate.

However, the suit scares me plenty, and the stock has not, imho, priced in the risks yet; the stock is still trading at around a 30 PE, so any material legal expense or margin hit would be trouble.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News