Hold your horses. Peter, a few points :
1) I will remind you billkirn had an even more bullish short term prediction. 70-80 by Oct 23. sound familiar. Why don't you brandish the others.
2) Even David S. had a 62 tgt short term.
3) November aint over. it just began.
4) Sorry if I (as well as almost everybody) did not see the Asian currency crisis approaching. Surely you must admit, that was the factor to take this from a mid 50s stock to a mid 40s stock. Come on pete, be fair.
5) I have made investments in AGPH on analysts tgts ranging from 70-85. I am not upset that Dr. Lind's 70 tgt has not yet been realized.
You give me and others far too much credit if you believe anyone here more influence on investment decisions than even the analysts. I personally would have taken a little off the table (5-10%) at $56.5 if I didn't think the stock would be much higher as anticipation of European approval draws even closer and data is released on AG3340 and AG2034..
6) I personally believe AGPH will see $70 before $32 (a short term possibility/tgt recently posted).
Whether, someone bought this stock as an investment at $56 or last week at $44, it will certainly look like an incredibly wise decision as AGPH begins to introduce 2 new drugs a year (as stated on AGPH's home page). I would recommend AGPH as investment for the short and long term. (At these prices, same for VRTX). Of course this all goes out the window if any unforseen trajedy occurs, (i.e. Armageddon, global stock market crash, another war with IRAQ, etc). As you well know, AGPH is a very volatile stock in a very volatile mkt, no reason to panic. Someone has a price tgt of 39, another has a tgt of 65, ...that is why they have markets. |
