Peter,
It sounds sensible. So much of this has been a storm in a teacup. If there are shorts left who want to do battle, by all means. I sort of doubt I'm the only one picking this one up on any kind of dips. Frankly, a short attack would only make me pick up more and judging by the action in the last few days, there are a couple of entities trying to get a full load. Nope, not hype. Just pure guesswork. Watch the trades and assess the action on your own.
To satisfy truth in advertising, I'm long 20,000 shares so I have a vested interest in this one going up. Having reviewed the numbers of potential procedures, I think there's a very large untapped market and I'm fairly confident that ADCON-? will tap it sooner or later. This should allow a sustained revenue growth rate of *at least* 50-75% year over year for several years. That's enough to allow Perceptin to show up on the scene. That would almost certainly cause a blowup.
So far, I'm a satisfied long. This one's got a lot more upside than downside.
And if you want to diversify, go look at NABI and NBIX. Et sequitur, Carthaginem delemdam esse!
Thanks, Torben |
