Nov. 9 at 12:01 PM
$XERS Alon used to love using ADMA as a comparison company when they hit like
$26 or something once they hit 13 cents EPS in a quarter.
Now they are at
$14. with
$2.
$EPS on deck for 2029 and a potential
$50 stock price.
This is a great example of things getting frothy and then pulling back almost 50%.
We are seeing a bit of this now.
Unless you are willing to be realistic when a stock price gets high like when we were
$10, less than a week ago and sell, there is little benefit of worrying about the stock price in the short term.
Your goals should be multi-years long if your goal is to accumulate wealth.
If your goals are short term you have to be realistic and not greedy to get out when you are on top and not think it will be
$2. higher in a few more weeks.
$10 Is overvalued for this company right now. Those are facts, and yes the market is irrational at times but the shorts have pretty good control here still.
All we can hope for right now is a Regeneron deal to take us back to
$10 or more.
Otherwise the steady climb upwards with an occasional pull back should be the norm over the next 3 years I bet.
It's been an amazing 5 years here and I thoroughly look forward to the next 5.
Should be very interesting.
