Probably ETF related. Analyst downgraded BIIB after the big run-up on Friday. I think we'll bounce right back by end of week and also should see some end of month window dressing going into new quarter.
ralph, i get what you are pointing out. with regn & biib HUGE run ups in the last couple weeks, why are they down a smaller % ? i think maybe I will just stay focused on the 2020 numbers the CEO gave and wait and not watch so close. cramer kind of pushed this drop as well :(
they talk 'em up, they talk 'em down.
So what. 2% is just an average. Some will be down less and some more. Celgene just happens to be getting hurt more. Next time this happens it may be down less than the average. Nothing to worry about.
CELG CEO has been adamant the 2020 EPS will exceed $12.50 if that helps you. That does show considerable growth in the next 5 years in his opinion.
I have been following this stock for sometime but thought I might ask some advice. For all the long term holders of CELG, could you recommend a good entry price and whether you believe CELG or ISIS is a better long term buy and hold? Any help would be appreciated. Thanks in advance.
Totally agree. You gotta own em both. GILD has an awesome pipeline. Nobody seems to be tooting the horn however. This will change after earnings knocks em out of the park!!
I think it is funny that celg is down more than gild which just had some bad news kina screwy if u ask me
the chart says 115 for 50 day, low 100 for 200 day. I see it as part of normal long term trend. I have too big a gain to sell and future looks too bright
Just my thoughts