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Biotech / Medical : ICON plc (ICLR) drop 50% in Value is this justified!!!!!!!

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To: timroy who wrote (6)3/30/1999 10:11:00 PM
From: Sean  Read Replies (3) of 16
 
30% growth rate, earnings beat estimates? The company loses an order and says future growth of 30% vs the 40% expected. This was a classic panic sell-off. Trades like this do not happen often enough! Like finding $$$ in the street. I didn't even read the whole press release before buying 1000 @ 12 9/16. Should be able to do 18+ by the end of the month if the markets hold up. ;-)
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