*** The ADPT Bull/Bear Poll - UPDATE ***
Comments.
The survey is NOT a true competition as such - there are no prizes,
and it doesn't really matter who wins ! The intention of the survey
is to increase the discussions so that we can develop a better
level of understanding about a stock that we are all interested in.
Strictly speaking, the initial question, which related to the point
at which a long term buy order would close, would be answered by
looking at the intraday buy price. However, to make it simpler, let's
just go for closing prices.
Everyone is perfectly welcome to change their entries. (There is
nothing wrong with making mistakes, the only crime is not learning
anything when this inevitably happens).
Finally, from the current state of the entries, one wag has suggested
that we rename this the ADPT Bear/Bear poll ! Hopefully there will
be some point in the future where this becomes a Bull/Bull poll !
The current state of the survey.
I have tried to distill the opinions of the various replies into a
simple summary as follows. (All welcome to post a better summary !) -
1) Almost everyone is bearish, with the belief that ADPT will likely
go lower in the short term.
2) Opinion on the low point is divided over whether a further
catalyst will emerge to further drive things down (e.g. mutual fund
selling, bad company news or market adjustment).
3) In the group that believes such a catalyst will not arise, there
is general belief that the price will go no lower than $20.
4) In the group that believes there will be such a catalyst, there is
belief that the price could fall to around $17.50.
The lowest ADPT might go in the next few months is -
Jimmy - $22 :) Message 3776586
Starowl - $20.50 Message 3783111
Sert - $20.25 Message 3786925
Bill U - $20 Message 3770784
Marcus - $20 Message 3773146
Arthur - $20 Message 3782512
Larry J - $19.50 Message 3763739
Chris H - $18.50 Message 3779759
Mark H - $18 Message 3743162
Ludo - $17.25 Message 3777903
Zeev - $17 Message 3773690
Slob - $15 * Message 3782914
* - Slob's entry is a place holder while he does his research :)
Thankyou to everyone who has made supporting arguments with their
estimates.
There have been a lot of good posts over the past week (and earlier),
so anyone new to the thread, or simply trying to clarify their
thoughts could do worse than review the following -
Message 3723504
Message 3723840
Message 3724142
Message 3729782
Message 3735149
Message 3738117
Message 3743145
Message 3743162
Message 3744880
Message 3773146
Message 3773690
Message 3779827
Message 3782868
Message 3788554
Mark |
