Seeking Alpha
  • Demi9OD
    TRGT, lots of very wrong call buyers.
    12/20/11
    Reply (14)
    • Michael Kudrna: I was still holding profits from the previous trades as it was free money, bad move in retrospect
      12/20/11
    • John Rayhall: That is one ugly 1 year chart. Wonder where the bottom is?
      12/20/11
    • Michael Kudrna: the bottom is dependent on when they stop releasing bad trial results
      12/20/11
    • John Rayhall: lol ya I hear that there is no bottom.
      12/20/11
    • Michael Kudrna: they are 0 for 2 i believe w/ 2 more coming up
      12/20/11
    • John Rayhall: Yes sir they are they blow the next one stock could go to 1.
      12/20/11
    • John Rayhall: MK what's their burn rate? Do they really have $6.40 in cash?
      12/20/11
    • Michael Kudrna: Yes, per last financial statement, and their book value is 5.40, above current pricing. Value investors will like this obviously
      12/20/11
    • John Rayhall: Hmmm I dunno think it trades lower but it's interesting.
      12/20/11
    • Michael Kudrna: momentum is to downside, hence why Im not touching it. enthusiastic bounce likely soon, not to be trusted. value investors will buy...
      12/20/11
    • Michael Kudrna: ..and hold. Thats not my style, I want to be liquid, not tied to many long-term positions.
      12/20/11
    • John Rayhall: If this was a reg stock I def would buy but you can't trust biotechs. I like value but I don't think it has bottomed
      12/20/11
    • Michael Kudrna: it's all about timeframe. you can sit on a bad stock but if you give it 10 years, somewhere in that timeframe you can make good money
      12/20/11
    • John Rayhall: Or ala Enron or MF global maybe you won't make it back. I hear what you're saying though.
      12/20/11