The Bigger The Base The Higher Into Space It Goes II
- Posted by Frank Zorrilla
- on September 13th, 2013
I’m always intrigued by huge bases, because normally a prolong period of contraction leads to a prolong period of expansion. $HZNP has been basing for almost an entire year after a blow up last year. The base just tells you that the company has a whole new set of stock holders who believe that perhaps last year’s blow up is out of the way and that company greener pastures ahead. (that of course is until the stock breaks-down)
Horizon Pharma, Inc. is a specialty pharmaceutical company that has developed and is commercializing DUEXIS and RAYOS/LODOTRA, both of which target unmet therapeutic needs in arthritis, pain and inflammatory diseases. The Company’s strategy is to develop, acquire, in-license and/or co-promote additional innovative medicines where it can execute a targeted commercial strategy in specific therapeutic areas while taking advantage of its commercial strengths and the infrastructure the Company has put in place.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Frank Zorrilla is the founder and chief investment officer of Zor Capital LLC.He began his Wall Street career 10 days after his 20th birthday when he became a Series 7 licensed stock broker. More »
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