I think so too at about $115. but if you look at the long term for CELG it could get back to $150 over the next few years if their pipeline plays out well. This leaves me torn cause a buy out would be a great short term gain but if they don't get bought out, you can have a much bigger longer term gain.
all of the message boards I follow have been very quiet for the past few weeks. either everyone is on vacation or sold the market. I think with todays Q2 GDP of 4%, we will see more people regretting getting out of the market.
1 post | Last Activity: Jul 26, 2014 10:52 AM
Member since: Jul 26, 2014
Sentiment: Strong Buy
iI take back.I have researched and this co is dealing with fisher and fisher send all drugs to nih used to be erc bioservices. now 100% chance nci will approve this drug.
I posted on this forum just a few weeks ago with my calculations of a price target of 112.50 and no one cared but now Piper Jaffray says so and everyone cares lol.
Check out SSR they just came out with an email report on CELG, pretty interesting report. If you're a trader you should sign up to their free newsletter regardless
I think the scarier issue from this day comes from Goldman's change over to BULLISH recommendation on equities - which actually means that a top may be near for US markets. The thieves at GS will be selling, you can be sure.