Depomed (DEPO)

[add2it]

I don’t see us dropping back to the $6s.
I think the only reason we dropped to this level is a lot of holders don’t want to hold on for the “eight weeks”? before the decision and I think today’s LOD of $8.88 may be the low until we hear anything about Abbott or a new deal. Either way I feel DEPO is in the driver’s seat and we will profit from another rise after the news.
I would be happy with anything around $10.50 – $11.00.
I did sell a portion of my DEPO shares @ $9.90 to buy into AIS @ $1.66, looking for their news on the 22nd.
I definitely feel we have more coming with DEPO if I can let it ride long enough but if it gets to around $10 again and I need the powder I would cash out.
This is all IMHO.
GLTA
Long DEPO
add2it