AMLN - comments?

[jiesen]

Unconfirmed Byetta scripts for the week ending 8/19 totaled 6,725 (up from 5,782), or an increase of 16%.

Byetta is on track for very impressive growth, indeed. Go AMLN!

[skiracer]

Greenspan isn't any more clairvoyant than you are, NBB. Just because he worries about housing prices doesn't mean we're due for a crash (we could very well be, though). I think that his bringing it up is a good thing, if it causes a little pull-back short term, brought on by the most easily panicked traders. Sort of like letting some air out of overinflated tires. Better this than ignoring it completely, and waiting until it pops. By being cautious about it, we could take some of the hit today, and avoid some volatility down the road. Everyone still needs a house, and it doesn't do anyone any good to see the market tank 50% just to see it rebound over the next few years.

Cheap an easily obtainable money made it easy to buy a house for most people who initially probably didn't have enough for a decent 20 % normal down payment. Alot of them couldn't furnish the house once they owned it and were in on adjustable rate mortgages. Now the shit is going to hit the fan because of a number of reasons. #1 being the country is in debt big time an 95% of the people here are in debt way over their heads and leveraged to the hilt. The housing sector has been one of the driving factors. Just because people need a home or place to live doesn't justify anything especially the run up in the stock prices of that sector. They are still going to be building homes but the prices are going to have to come back to reality which will effect their bottom line.

[jiesen]

By the way, my biggest stock position by far, LJPC, another biotech/pharm is up nearly 10% today! Go LJPC!

[jiesen]

And my other prediction, that TOL would be up something, even 1 cent, turned out to be awfully wrong too. Greenspan came out today and denounced the real estate bubble. We are going to have a crash now for sure.

Greenspan isn't any more clairvoyant than you are, NBB. Just because he worries about housing prices doesn't mean we're due for a crash (we could very well be, though). I think that his bringing it up is a good thing, if it causes a little pull-back short term, brought on by the most easily panicked traders. Sort of like letting some air out of overinflated tires. Better this than ignoring it completely, and waiting until it pops. By being cautious about it, we could take some of the hit today, and avoid some volatility down the road. Everyone still needs a house, and it doesn't do anyone any good to see the market tank 50% just to see it rebound over the next few years.

[New-born baby]

Crash

Hmm, I know you meant to say that just about everything would pull back on Friday, but AMLN would be up yet again, right?

Go AMLN!

And my other prediction, that TOL would be up something, even 1 cent, turned out to be awfully wrong too. Greenspan came out today and denounced the real estate bubble. We are going to have a crash now for sure.

[jiesen]

Jiesen,

You know I think you are a great FA guy, don't you? I like your recommend of AMLN. But I hereby announce that on Friday, AUGUST 26, 2005, AMLN is going to pull back.

Hmm, I know you meant to say that just about everything would pull back on Friday, but AMLN would be up yet again, right?

Go AMLN!

[New-born baby]

August 26, 2005

Jiesen,

You know I think you are a great FA guy, don't you? I like your recommend of AMLN. But I hereby announce that on Friday, AUGUST 26, 2005, AMLN is going to pull back.

She's been up 10 days in a row. She's been up 11 of last 12 days. She's got to rest sooner or later. So I say, tomorrow is as good a day as any.

This chart big enough, or too big, for you? Let me know.

[jiesen]

Due for a major pullback.

I wouldn't count on it. Maybe there'll be a major pullback from the 40's, or 50's but not just yet. I think my AH sell at 27 will turn out to be one of my biggest mistakes, and seeing that Cramer was suggesting everybody do that, just confirmed my suspicion that it was wrong to sell it there. I thought I'd get right back in at 25 the next day, but I think I might have just stepped halfway off a speeding train. We'll see where it ends up, though. It'll definitely be quite a ride.

[New-born baby]

It's due

Man, I wish I would have got in. This thing is going crazy!

Due for a major pullback.

[Websman]

Man, I wish I would have got in. This thing is going crazy!

[Websman]

http://www.nasdaqtrader.com/asp/shor...&IssueID=15312

Another million shares short this month, already getting pounded for a 30% loss!
Oh the carnage!

I wonder where AMLN will be after they finally give up and cover...

If I was in their shoes, I'd would have already gave up before I lost my ass.

[jiesen]

AMLN short interest UP for August to 27M

http://www.nasdaqtrader.com/asp/short_interest_resp.asp?searchby=Detail&IssueID=15312

Another million shares short this month, already getting pounded for a 30% loss!
Oh the carnage!

I wonder where AMLN will be after they finally give up and cover...

[jiesen]

If Cramer likes it, I would....SELL SELL SELL!

Calling Cramer a jackass is an understatement. He's not only a jackass, he's a clown and a stooge.

Yep, and a few other things I would have preferred to call him, but I didn't deem appropriate language for this forum.

[Websman]

Cramer was upbeat and happy about the good clinical trial results for Amylin Pharma (AMLN) drug Byetta. Cramer suggested that investors take half there positions off the table and let the rest run. The stock was up huge after hours.

from:

http://www.maddmoney.blogspot.com/

I hate it when that jackass and I are on the same page.

If Cramer likes it, I would....SELL SELL SELL!

Calling Cramer a jackass is an understatement. He's not only a jackass, he's a clown and a stooge.

[New-born baby]

half off

Cramer was upbeat and happy about the good clinical trial results for Amylin Pharma (AMLN) drug Byetta. Cramer suggested that investors take half there position off the table

Well, if everybody takes half off the table, AMLN is going to drop quite a bit.
My covered called has not been exercised as of right now. I still have my shares--thus far.