I have plenty of cash and CELG is the best biotech in the industry and it is still cheap on valuation. I would just keep buying CELG as it goes down.
I am waiting to buy if it dips to 108. This little profit taking fit the market is taking will end by year end and, the market will be back on track. Low oil is good for the economy.
Looks like what was being sold last week is now getting a bid and profit taking is coming to biotech. The spec biotechs are getting hammered today. Stick with CELG. It is the safest place to be in biotech.
Solid company solid fundamentals solid pipeline solid partnerships. What else could one ask for GLTA
CELG is all ready in the market with its deal with XLRN. So an addition of BLUE makes sense strategically. Furthermore, there is an overlap in the type of network they would have to develop for both CART and beta-thal/SC if they would bring those therapies to market (need to gather patient blood process and re-infuse for both therapies).
Actually CELG has a larger market cap than BIIB and is more than two times the size of REGN (which I also own). Do not confuse share price with size and depth of product pipeline. AMGN is one of the largest of these companies and is finally moving up again after not doing much for almost 10 years.
Sounds good. How do you take your eggs? Coffee w that order?
Hard to see CELG or BIIB being acquired because of their size, definitely would be hard for a hostile deal at 91 & 81 billion, respectively, add in 30% or more premium to acquire and I can't see it happening unless company management wanted to be acquired. I don't claim to know CELG's thought process, but I wouldn't think they'd want to be tied down to some old line pharma company, a vampire ready to suck up their pipeline. Between their drugs/pipeline and those of their partners, they'll reach major status w/o old pharma hookup.
I have seen it before my very eyes. You cannot dispute this science this works. CELG is one company that is on the leading edge. Any large pharma would be smart to take this company over. I see it as a BIIB or REGN in less than 12mos. $200.00 plus a share is not unheard of. GLTA
Wrong, oil is crashing and spooking the market. But the U.S. is NOT Russia, oil is but a small piece of the economy, the consumer segment, which is the largest will benefit from lower oil and once oil stabilizes then Wall Street will shift focus to those parts of the economy that benefit from lower oil and those that aren't affected by it one way or the other, like biotechs. Many hedge funds were leveraged long to the oil market and commodities in general, lots of those are having to liquidate positions in profitable trades to cover their losses in oil.
BLUE and AGIO are startups that just proved that they may one day have a valid business, why don't you check what the revenues for each of those companies is for 2014. CELG is a large biotech, with proven revenues/profits and lots more to come. As soon as oil stabilizes somewhere then the biotech space will get a bid outside of the very few that have recently presented possible transformative news.
BLUE and AGIO are hot stocks and may continue that way, but they are just one serious side effect away from having their stock prices cut in half or more.
THE SKY IS FALLING. THE SKY IS FALLING! RUN! Load up on guns and gold coins. Kopach, why don't you go jump in a bomb shelter and we'll give you the "all clear" when the worst is over.
I will take the opposite of that bet. Especially with CELG. CELG is still cheap and only getting cheaper with the market. The big 4 biotech are still cheap. Only the speculative biotechs are too hot to handle here. I think 2015 turns out to be the year of the consumer. You have a stronger dollar, cheaper oil, low interest rates and good job growth. Biotech and anything consumer related are my big positions I am building for next year into this selloff. I added to my ZOES, WWAV and SWKS this week.
listen to dividend seeker. for crying out loud, do you expect the stock go up every day? I suggest you go find another hobby.
As with whole stock market. This whole thing is coming to a massive crash here. Remember last time A FED official came out to try to save market last time with 1000 point down then. Wake up people whole system here and world needs at least several thousands point of sell off in DJI. Its all been manipulated here and all other governmen ts central banks with manipulation games only. One big joke in reality.Oil will crash and burn as wil all markets.