Remember Dick and Jane?
R-Man, Absolutely everything you are saying makes sense. Maybe the 5% that read this thread control 90% of the stock.... et tu Rubble? There seems to be nothing wrong with this picture; we have a quality stock here that's in between spates of good news. Let's see, the UK announcement is up next, maybe 10 days out tops. Three weeks from now, I hope Richard will be working up 3rd quarter estimates based on full production. Let's not forget that there is roughly a $0.04 per share milestone payment that was delayed till Q3, and that First Boston's current target price was just moved to $35 per share. The doubling of earnings estimates from Q1 has not even been answered by a full round of revisions. Personally, I believe in a few years, Muse will be sold over the counter and the target group will be simply: MEN. Not just E.D. patients. (sorry Tunica)
But, I'm beginning to believe something is wrong with this picture. I'm not going to get into manipulation theory, or planted press releases, etc. I'm honestly not smart enough. The couple of times in the last month or so I thought we were off to the races, though, it just didn't happen. There were just more fellas voting against than for. But, betting against a constant flow of good news and responsible growth makes less sense every day. Shorting into q3 earnings for example probably won't make any sense at all.
In the mean time, in the space between good news stories, and before we get used to solid earnings... I've bought VVUS at 25 before, I'd be happy to do it again.
Remember the Dick and Jane stories? Some things are Jane things, and some things are Dick things. VVUS is a Dick thing. See Dick run.
Waxing irreverent,
Frostman |