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  • Access Pharma: Low Valuation, Big Potential [View article]
    In 9/2008 Griffin Securities rated ACCP a "Buy" at $3 with a $14 target after it drifted down from $5.

    Then, Griffin again called ACCP a "Buy" at $1.70 (down 43% in TWO months!!), keeping the $14 target.

    Now Griffin adjusted the 5/2010 target to $7.50 after it fell another 16.5% in FIVE months.

    Technically, this stock is a total LOSER ... an investor's nightmare. Fundamentally, as pumped above and by hapless Griffin, this has the makings of a classic 5-bagger.

    But everything I read, including my own portfolio updates, suggests that investors are taking less risk, rather than plunking down cash that odds suggest will evaporate.

    Sorry, Mike: no sale!

    Dave
    May 07 13:13 pm |Rating: +1 -1 |Link to Comment
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