The Motley Fool Discussion Boards

Previous Page

Industry Discussions / Biotechnology

URL:  http://boards.fool.com/have-you-looked-at-mako-any-technical-analysis-30030638.aspx

Subject:  Re: VRTX spiking in pre market Date:  5/9/2012  8:16 PM
Author:  PuddinHead42 Number:  24843 of 24998

Have you looked at MAKO? Any technical analysis on that one?

Have not followed or researched but seen enough to have a feel. The TA term for the current chart pattern is "Super Sucky". this is a typical growth and momentum stock. Great new product, next new something (ISRG) in case you missed the first something, high PE, but higher growth rate and earnings beats to support PE, everyone wants in, little and big guys. Then one day it misses and that's it. People are sour, move to next thing. This is a painful chart, lots of damage to make up. I would not catch the knife soon. Look at Netflix, green mountain, Fossil, etc. Once they tank, you d