I was just telling a friend how great a trade this has been. I start buying at $99.31 and i sell it each time it gets a good pop. I have made this trade 3x this year now.
I began building my position a few weeks ago, but wasn't done.
Maybe I will still get my chance yet! ... just not today.
I lose NO SLEEP over this.
Its all of biotech lol. Its not like it is just CELG selling off. The company is good, but its the best house in a very bad neighborhood. You can't fight it. You just have to let it play out. Biotech is the cheapest it has been in 10 years on valuations.
So bio ...the amazing thing about cel-turd is that you cannot find a negative article written about this company ...everything is how great this company is ...how it's a "long term" buy ...how it is the best of the best and undervalued. Outrageous ...lofty price targets and so on. Present company excepted. But yet the stock does nothing but go down the majority of the time with a few brief short lived rallies.
Did you see anything in the 10Q about how much money cel-turd pays in bribes and pay offs to analysts and other touts to pump their stock ....whatever it is it is ...it does not seem to be money well spent.
Cel-turd never fails to disappoint. Longs pray for a buyout ...that is the only hope as management is inept.
I don't think that is even an actual work in the English language?? Or as you may think it's called the American Language.
It really seems that the ones who enjoy insulting me and my views on cel-turd stock ...lack basic language skills.
I guess that fact speaks for itself.
Bio ...I am still curious on your views of BMY?
This is great company for 2017 after they mature and demonstrate they can deliver. Its a no brainer under $100 if you can hold for a year. They established a high bar with the market and now everytime they blink the market hammer then. The small misses and explanation have created a lot of uncertantity.
Sentiment: Strong Buy
I guess that is suppose to be "Squawk Box" ... but got the idea, right?
To be FAIR, I never buy a stock without the intention of keeping it for at least a year and a day.
I also rarely ever let a short term loss, turn into a long term one.
... but that is just me.
For a long time AAPL trading influenced the entire market action. THAT in itself, is a harbinger of trouble. While it is nice when your stock goes up, if everyone who WANTS to own a stock ALREADY owns it, THERE IS NO BUYERS... I don't care how the company is actually preforming. Uncle Carl had no problem hawking a 250$/sh price AFTER he established his position. The news when he SOLD OUT, was less well telegraphed.
Cramer is far from stupid, but incredibly self serving from his early hedge fund hawking daze [SIC] on Squawk Talk... cut from the same cloth as Uncle Carl.
You're beginning to sound like me lol ....kinda like bleeding to death while watching the movie Groundhog Day. Cel-turd never fails to disappoint.
A Daily Dose of Humor from the Pumper King Himself. Please Enjoy.
rob_cos • Oct 15, 2015 9:42 AM Flag
Kirk told U he is selling ZIOP-expect a takeover P/R soon!!!
conrbrt1970 • Oct 15, 2015 10:33 AM
So you posted this for two days in a row now. Why the repeat?
rob_cos • Oct 16, 2015 11:25 AM
Because its now been confirmed XON's Kirk went to EU last minute in a top secret trip this week!
conrbrt1970 • Oct 16, 2015 12:45 PM
There is just nothing better than a "top secret" trip to get the blood pumping. Wait, how top secret can it be if people are posting about it on a yahoo board? You sure he isn't on double secret probation right? Where's Neidermeyer when you need him?!?!
my observation is you recommended AAPL at the beginning of its longest daily losing streak in 18 years. Want to make a side bet whether AAPL or CELG hits 140$ first??
no my day order didn't hit. SOmetimes it is good to be nimble or lucky. I am surprised you are so angry at Celgene. Looking at 10 and 5 year charts, It almost is a straight line except for last 9 months. Is that when you lost money on it?
I love SO. Its been a champion in my IRA lol. There is a huge flight to safety going on since August last year. The "value" stocks are bubble valuations while the growth "risk" stocks are at really cheap valuations. Fears a funny thing.