AMLN - comments?

[Websman]

AMLN Closed at @22.20 and down more AH. I see an opportunity for me to get in at bargain prices tomorrow morning. I just need to figure out what price to set my limit order at.

Intraday chart

Looks to me like it supported the trend (note the blue line):

[jiesen]

Jiesen:
That's real easy for you so say: you don't have a hat! But look at me! I have a hat to eat, and the losses on this stock!

(Just kidding about losing on this stock. I think it is going to be very good).

lol! good point... then I'll eat some stale cheese instead. won't matter though, since it ain't gonna happen. thing is, with these drug stocks, the approval is key. if the drugs work, as these do, the drugs market themselves, and cash begins to roll in- just look at VPHM, for example. DNA, also, is where AMLN could be 5 years from now. The drugs sales are obviously taking off, as evidenced by the script numbers I posted. The earnings will follow, and naturally, the stock price lags these hard numbers, so, while we won't be seeing $30 next week, by next year, it's almost a certainty.

[New-born baby]

That's easy for YOU to say

yes, they HAD negative earnings. The cash is starting to roll in right now. No better time to get in, imo.

If AMLN goes to zero, I will eat my hat.

Jiesen:
That's real easy for you so say: you don't have a hat! But look at me! I have a hat to eat, and the losses on this stock!

(Just kidding about losing on this stock. I think it is going to be very good).

Jiesen, when did you buy this one if you don't mind me asking?

[jiesen]

I just re-read your thread. You meant to say that this thing had NEGATIVE earnings.

yes, they HAD negative earnings. The cash is starting to roll in right now. No better time to get in, imo.

If AMLN goes to zero, I will eat my hat.

[New-born baby]

Here's the PATIENT entries

For those investors with patience, here's the proper entries:

I just re-read your thread. You meant to say that this thing had NEGATIVE earnings.

You had to bring that one up... It certainly does now, but Jiesen's digging changed my way of thinking a bit.

[New-born baby]

Thanks, Jiesen

Good find Jiesen. You seem to have a good handle on stocks ready to fall off of a cliff! Wonderful short opportunity. How long do you think it will be before it gets to Zero?

I just re-read your thread. You meant to say that this thing had NEGATIVE earnings.

[Gatorman]

I have no stop on this one. Let's hope she doesn't go all the way to Zero.

Or, this could be as I think, the handle of a cup and a prelude to big gains.

Good find Jiesen. You seem to have a good handle on pharmaceuticals, so I'm definitely looking into it.

[New-born baby]

No stop

I have no stop on this one. Let's hope she doesn't go all the way to Zero.

[jiesen]

Jiesen,
You're sure about the earnings, right? If its got the Ernie type earnings, I'll be fine.

Yes, I'm sure the earnings will come. They are a function of the scripts being written now. As these rise, so will earnings. Of course the drugs are only out on the market for a few weeks now, so earnings haven't been reported as of yet. Therefore, Ernie would stay away from AMLN right now. However, in two years, when they're making $5/share and the price is at $60 or $80, it'll start to show up on his screens. The market for these diabetes drugs is in the billions, and AMLN will continue to bring more drugs to the market, fueling even more growth.

[New-born baby]

You sure?

welcome, nbb. hang on for the ride! it could be a wild one, but 2x or 3x share price increase will make it worthwhile in the end.

Jiesen,
You're sure about the earnings, right? If its got the Ernie type earnings, I'll be fine.