Watch for a breakdown below $61
Joined Jan 27, 2008
7,405 Blog Posts
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You’re kidding right? Look at that massive volume on the down move. How many more sellers could there possibly be?
Good point okie. Strong support at ~57 too. Its business is just too great IMO. NO recession with enervate the desire within insecure people to not be fat or wrinkly or without perky tits. That is my thesis, and I am a lt holder of the stock.
Also, it should be noted that its patents being worthless is a good thing. Botox has no patent, how AGN makes the botulin toxin is a secret. This eliminates the threat of botox coming off patent in the future.
Plus, I love tits. Real > fake of course, but c’mon…perfect tits.
Some question the strength of its pipeline, given the new scrutiny about botox’s off-label uses.