Halozyme Therapeutics Inc (HALO)

[Fred Kadiddlehopper]

Agree about the useless computer generated stuff put out by that "research" site. Disagree about a significant bounce, at least for now.
My feeling is that we get back to the $40s and see a period of consolidation maybe in the low $50s. Another run is not imminent unless triggered by a news event.
As I mentined about a month ago, my opinion is that HALO is fullly valued at the mid $50s and I thought that the run to near $60 was overblown. I said a pullback to $55 was a near certainty and here we are. I did have my trading shares called away and I've elected to put those profits into another more promising investment. I continue to hold my core HALO shares and will constantly reassess that position as the year moves along. A market downdraft and a long stagnant period with no percieved progress could result in this stock reaching the 200 day which today is about $46. On the other hand, a good stretch of new deal announcements and we could be on our way to the next level. Time will tell.