http://yahoo.smartmoney.com/onedaywonde ... &afl=yahoo
Invisalign settles with Orthoclear. Link to story 9-28-06
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Invisalign settles with Orthoclear. Link to story 9-28-06
I follow ALGN stock (Align Technology makes Invisalign) and the price popped up today on very heavy volume because Invisalign settled its ongoing court battles with Orthoclear. Here is a link to the story that sums it up. Go Invisalign!
http://yahoo.smartmoney.com/onedaywonde ... &afl=yahoo
http://yahoo.smartmoney.com/onedaywonde ... &afl=yahoo
nice post I dabble in the london stock exchange so do not pay much attention to US stocks but its a good investment, it would be very good if u are an invisaling patient who owns some shares, the best time to buy the shares would have been end of 2002 to end of 2003 $1.30 to $17.50 now thats what I call a good investment 
what about red white and blue does it not affect them because it works in a different way ie u only wear 1 set for 6 weeks?
what about red white and blue does it not affect them because it works in a different way ie u only wear 1 set for 6 weeks?
No mention of red white blue/comment about future for ALGN
That is a good question about the red white & blue system (or whatever the correct name is) - however in all the articles on the 'web that I've read about this patent litigation and recent settlement between Invisalign and Orthoclear, I haven't seen any mention of r/w/b, so I have no idea how this affects that company and the people who use their system (dentists and patients).
About the Invisalign stock shares:
Ideally one would always buy at the very lowest low, and sell at the highest high. But Invisalign, as a volatile stock, lets one make money as a short-term trade, either on the upside (by buying the stock or a call option) or on the downside (by buying a put option, for example).
I only started watching the stock when I heard about the company in Feb. 2006 - And I only purchased shares in late August, when the stock seemed to have bottomed under $6, and the volume was almost nothing.
Then 2 weeks ago there was a post on the web (Yahoo) about someone buying 5000 call option contracts. Probably an insider. So I bought some more. On Thurs. a.m., when the good news broke, I decided to sell half my shares.
Now that the stock has popped up on heavy volume on Thurs. 9/28, and really cooled off on Fri. 9/29, the question is where does it go from here?
Reading the posts on Yahoo Finance Message Board, many people are expecting it to go back down to the $9 range. If the stock breaks below $11 on Mon. 10/2, that will probably happen. (in my opinion) People will want to preserve their gain from last week, and sell on weakness.
One real problem for the company, and possibly Invisalign patients, is that Invisalign will take over new cases that would have gone to Orthoclear. Align Technology could have problems timewise getting all the aligners out to new patients (and also those who need "refinements") with the increased workload. Can they ramp up production as much as will be needed? No one knows.
So someone waiting to get started with Invisalign might wait 2 months or more for the aligners to come back to their doctor's office, etc.
There are certainly better quality investments one can make than ALGN stock. It's not even an investment, it's just a trade that you hope you get right.
About the Invisalign stock shares:
Ideally one would always buy at the very lowest low, and sell at the highest high. But Invisalign, as a volatile stock, lets one make money as a short-term trade, either on the upside (by buying the stock or a call option) or on the downside (by buying a put option, for example).
I only started watching the stock when I heard about the company in Feb. 2006 - And I only purchased shares in late August, when the stock seemed to have bottomed under $6, and the volume was almost nothing.
Then 2 weeks ago there was a post on the web (Yahoo) about someone buying 5000 call option contracts. Probably an insider. So I bought some more. On Thurs. a.m., when the good news broke, I decided to sell half my shares.
Now that the stock has popped up on heavy volume on Thurs. 9/28, and really cooled off on Fri. 9/29, the question is where does it go from here?
Reading the posts on Yahoo Finance Message Board, many people are expecting it to go back down to the $9 range. If the stock breaks below $11 on Mon. 10/2, that will probably happen. (in my opinion) People will want to preserve their gain from last week, and sell on weakness.
One real problem for the company, and possibly Invisalign patients, is that Invisalign will take over new cases that would have gone to Orthoclear. Align Technology could have problems timewise getting all the aligners out to new patients (and also those who need "refinements") with the increased workload. Can they ramp up production as much as will be needed? No one knows.
So someone waiting to get started with Invisalign might wait 2 months or more for the aligners to come back to their doctor's office, etc.
There are certainly better quality investments one can make than ALGN stock. It's not even an investment, it's just a trade that you hope you get right.
