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Biotech / Medical : Myogen (MYOG) -- Ignore unavailable to you. Want to Upgrade?


To: David Bogdanoff who wrote (10)1/23/2006 2:33:28 AM
From: tuck  Respond to of 50
 
Actually, Cramer touted it a while ago, on the 11th.

thestreet.com

It has done well, but it's approaching his primary price target of $40 (he said even $50, thinking takeover). I would guess that some folks start bailing at $40, and he'll come up with his line about taking profits. I'll watch it. Might buy some puts if it gets to $40.

He seems to think that the results are promising, which they are if taken at face value, but I've attempted to look deeper than that -- with help from other posters -- and I think they're not as great as they look.

Cheers, Tuck