AMLN - comments?

[jiesen]

http://members.cox.net/mystock/Amylin.htm

No kidding that AMLN is going to be a blockbuster! Just look at the projection this guy is making for sales this year. (looks much better with yesterday's updated data) We'll easily see $50-100M in sales this year, which was half-over with almost no sales to begin with.

Next year, who knows? $300M, $400M? One thing's for sure, if sales keep up like this, the stock has only one way to go- up!

[New-born baby]

Price Target

No kidding that AMLN is going to be a blockbuster! Just look at the projection this guy is making for sales this year. (looks much better with yesterday's updated data) We'll easily see $50-100M in sales this year, which was half-over with almost no sales to begin with.

Next year, who knows? $300M, $400M? One thing's for sure, if sales keep up like this, the stock has only one way to go- up!

Can you give me a price target for AMLN for the next 12 months?

[jiesen]

Can you give me a price target for AMLN for the next 12 months?

Sure. I'd expect to see $40 within 6-12 months. The real growth, though, probably won't happen for another 3-4 years, as that's when the profits will finally start showing up in full force. To be safe though, I will probably take some early profits as they come (around $50 or so). Despite excellent sales, they could still botch it up by mismanaging the money they make. Companies have been known to do that!

My long-term target for AMLN is $200.

[B.J]

Well, good job guys! Maybe I'll get back in at the appropriate point.

[New-born baby]

The next GooG!

My long-term target for AMLN is $200.

Jiesen:
If that happens, we'll be daytrading it like GooG!
Thanks for the targets.

[New-born baby]

Hang on

Well, good job guys! Maybe I'll get back in at the appropriate point.

Its appropriate now.

[New-born baby]

Jiesen

Jiesen, Here's a look at AMLN today.
You call that a shoulder~head~shoulder?


I thought so.

Can't seem to bust the $20.00 resistance today. If that's a s~h~s, then Dow Theory says we're looking at $16.70 here before too long.

[jiesen]

Another update

Weekly, ending July 22:
Byetta total 3877, new 3656. Symlin total 1132, new 925

This is not 100% verified, but probably correct. It's at least 10% over what was projected for the week based on daily script #'s. Definitely a reason for AMLN to be up 10% (or more) today.

UNCONFIRMED scrip #'s are as follows:

July 29
Byetta 4289 total, 4031 new (up from 3877,365

Symlin 1212 total, 991 new (up from 1132, 925)

AMLN is going to be HUGE!

edit-
Here is the updated scrip chart:

http://members.cox.net/mystock/Amylin.htm

[jiesen]

AMLN in latest Forbes.com story

This is exactly the kind of exposure that AMLN needs right now:

http://www.forbes.com/sciencesandmedicine/2004/03/22/cx_mh_0322graduates.html?partner=yahootix

[New-born baby]

$17 target

Looks like the short term is $17.

[jiesen]

Do you really believe AMLN will go to $17 because the chart says it will? And are you still holding your AMLN position? Or are you just fretting about your position because it's under water?

I would seriously warn against going short AMLN over the weekend. New scrip numbers will be out on Monday before market opens, and if you're caught short on a day that the planets align in just the right way (the numbers happen to be huge that day, and the other shorts all notice it at the same time) then God help you.

[jiesen]

http://www.nasdaq.com/asp/quotes_full.asp?mode=&kind=shortint&timeframe=&intraday=&charttype=&splits=&earnings=&movingaverage=&lowerstudy=&comparison=&index=&symbol=amln&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&FormType=&mkttype=&pathname=&page=short&selected=AMLN

Note that AMLN's short interest is at an extreme high of 26M shares. Just because everyone's doing it doesn't make it a smart move.

[New-born baby]

Nothing here

Do you really believe AMLN will go to $17 because the chart says it will? And are you still holding your AMLN position? Or are you just fretting about your position because it's under water?

I would seriously warn against going short AMLN over the weekend. New scrip numbers will be out on Monday before market opens, and if you're caught short on a day that the planets align in just the right way (the numbers happen to be huge that day, and the other shorts all notice it at the same time) then God help you.

Jiesen,
I didn't short AMLN. I am just saying what the chart says, which is it looks like it cannot bust $20 resistance at this time, and is headed South. That's all.

Hey, I know I am posting bile today, but it isn't meant to attack anyone. BHMC, TOL, KBH, AMLN, CIB,VPHM--the charts are not pretty today. I am just posting what they say.

Fundamentally, you are much smarter than I. I appreciate your counterpoint.

[jiesen]

Jiesen,
I didn't short AMLN. I am just saying what the chart says, which is it looks like it cannot bust $20 resistance at this time, and is headed South. That's all.

Hey, I know I am posting bile today, but it isn't meant to attack anyone. BHMC, TOL, KBH, AMLN, CIB,VPHM--the charts are not pretty today. I am just posting what they say.

Fundamentally, you are much smarter than I. I appreciate your counterpoint.

yeah, I understand, believe me. the crappy market conditions today will do that to ya. But AMLN is one of just a few (NGPS included!) of my stocks holding up- even green still- with all of the selling going on.

maybe if oil would stop setting new highs every freaking day, we could return to our regularly scheduled bullish programming.

[New-born baby]

Even oil stocks are down!

yeah, I understand, believe me. the crappy market conditions today will do that to ya. But AMLN is one of just a few (NGPS included!) of my stocks holding up- even green still- with all of the selling going on.

maybe if oil would stop setting new highs every freaking day, we could return to our regularly scheduled bullish programming.

Incredibly, even some of the oil stocks are down today. EENC for example.
So much for a bullish Friday.