HGSI - Human Genome Sciences, Inc - Page 13

I still think this company sees 3 some time this year... imo this is the most massively undervalued biotech I could find... but if anyone finds any others, please let me know...

g

gambler, what do you think about it tomorrow. Does it hit 2 or not??



* Q1 EPS $0.85 vs loss $0.39/shr last year * Q1 rev includes sales of ABthrax * Shares up 14 pct

April 29 (Reuters) - Human Genome Sciences Inc (HGSI.O) swung to a first-quarter profit, helped by sales of its anthrax antibody ABthrax, sending its shares up 14 percent.

For the first quarter, the company posted a net income of $129.8 million, or 85 cents a share, compared with a net loss of $52.7 million, or 39 cents a share, a year earlier.

Revenue surged 14-fold to $177.3 million, including $153.8 million from the sale and delivery of ABthrax to the United States Strategic National Stockpile (SNS).

Analysts, on an average, were expecting a profit of 53 cents a share, excluding items, on revenue of $154.4 million, according to Reuters Estimates.

The SNS keeps stock of large quantities of medicine and medical supplies to protect Americans in public emergencies like a flu outbreak, terrorist attacks or earthquakes that are severe enough to cause local supplies to run out.



Shares of the Rockville, Maryland-based company were trading at $1.59 after the bell. They closed at $1.39 Wednesday on Nasdaq.

Sold it all, + 16K afterhours... I think this has room to run, though...

http://www.hotstockmarket.com/forums...=57323&page=45

Go.....Baby Go !!!

Dont short it folks, go long, it could hit 2 or more tomorrow.

not sure about going to $2, but definitely will find some strong support around $1.50, right now trading at $1.56, already topped the high on monday cos of the swine flu

why you think it is not going 2 tomorrow.

you know, it certainly could go to 2 tomorrow... it is just that it could also go back to 1.50.... so the point is that you should buy when there is fear... and then sell when there is euphoria... you could argue that there is euphoria now... or at least a good feeling about the stock... so I figured I'd book some profit here...

g

but 85c profit is not affected tomorrow?

could be profit taking, could happen to be a bearish day, could report optimism in swine flu, etc...anything could happen, im not saying that its not going to 2, its possible but be on your guard

exactly my thoughts

After Hours: 1.61 +0.22 (15.83%) - Apr 29, 6:08PM EDT

well, it's already up and priced in, who knows, it might have more legs tomorrow

I saw 1.67, but I'm still holding now. I want at least 2

you know, I left 5K$ on the table when I went about smashing the bids afterhours... but you know what, that is alright... there are going to be other oversold opportunities out there.... yeah, HGSI is probably going to 1.80 tomorrow... but that is ok... I'll live...

g/l
g

p.s. remember that HGSI is a 3$+ stock this year, easy...

well, you can do the math here.

Now with earning that has been already out, assume that there're no additional factors from the external, such as more bad news from the swine flu. So far all the info we have in hand are already priced in.

If you try to get to $2 from here at 1.60, you need another 25% gain for boost-up. Just ask yourself if it's going to be possible at all tmr under the current circumstance.

g,

there is plenty of time/opportunities to buy back at 1.50 or lower

Dude, that is what I said when I was going to sell on monday at 1.60... when I was up like 15K... but then I didn't
and it went back down to 1.29... lol

so in my book, you should take profits... but that is just me... I think the time to buy is when fear and disgust of the stock reigns, and that is not now...

that was when this stock was at 1.30 like 2 days ago
or 1.20 last week...

just my 2c
g

do you know why it plunged so hard earlier?

It'd be nice to get back to where it was a couple of months ago; back to the mid 2's at least. This is one of my favorite stocks/companies and one of the first shares purchased when I got back in the market this time.

hmmm need to change my icon now... you know what that means... lol

my comment is directing to isaidnono, you and I are in the same boat of thoughts that I would be selling too tomorrow if I had a position in this one.