Amgen almost ----

Discussion in 'Amgen' started by Anonymous, Feb 24, 2011 at 11:11 AM.

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  1. Anonymous

    Anonymous Guest

    Amgen almost at its 52 week low. Appears may break down further. A whole year down the drain.

    Obviously, the bad market is not helping but is not enough to affect the price that much. Could it be that the recent trial results were NOT spectacular? If they were, it wouldn't be where it is now.
     

  2. Anonymous

    Anonymous Guest

    Don't forget the Sharer discount on the share price. When figuring out the value of Amgen, analysts have to discount the share price by an increasing amount for the negative value that the executive team brings to the company. When they leave, the discount will reverse and if there ever was a good team put in place, there might even be a premium.
     
  3. Anonymous

    Anonymous Guest

    If Sharer leaves, we are good for a four point rise. But that isn't saying much, in view of today's price.