Brian-
The key words in your post here are "short periods of time". Two issues here: 1) for the short term prediction, nobody is smart enough to know, yeah, that includes the so called "pros" of the street. For long term investors (holding for at least 2 years), this is really not an issue; 2) I think that lots of short-term investors have been running scared away from this stock, you are probably one of them. Hence, the current price of wla already reflected most of this sentiment. You are trying to profit from the short term fluctuations in price due to the psychological effect, which is fine. Others, like me, just buy a stock, like wla, when it drops to a reasonable level, and hold it for a long time. So, you don't have to know the real facts. As a matter of fact, with all due respect, I don't feel you even got the fact straight about rezulin or the lilly drug in your posting.
BTW, wla is much more than Rezulin. Happy investment.
Da bull |