I have had it since 1990's at 45. I have all the time they need. I am in no hurry. In the mean time I am going to keep on collecting dividends.
I also own all three plus CELG. All are down along with IBB. There is a big distribution going on in Bio techs. BUT wait when they start accumulating. They are going to explode. Timing is wrong but the theory is right.
Sentiment: Strong Buy
All the biotech ETF's are getting hammered. Guilty by association. I own GILD, AMGN, BIIB and can't see anything but a sea of red.
...Wall Street analysts have projected that Kyprolis’ revenues will reach about $766.9 million in 2016, which would be a YoY (year-over-year) growth of about 49.8%.
...Researchers at DeCode Genetics, an Icelandic unit of the biotechnology firm Amgen, have identified a new genetic variant that reduces the risk of heart disease and stroke by 34%.
“This is a new biochemical pathway,” says Kari Stefansson, DeCode’s chief executive and founder. “It has not been implicated in coronary artery disease and it provides a relatively interesting drug target.”
Yeez...do your homework before pumping. Novartis own Sandoz...
I don't have the link but read article yesterday where the guy behind the big short movie, the one who saw the crash of big banks and real estate hust, sold all his bank stocks and put his money into AMGN and a couple other stocks. That's a big endorsement.
More like "time is tripe"! Tax inversions are the last refuge for management scoundrels and disastrous for long term holders with low basis.
Someone with a big wallet is going to scoop up this gem, MYL has too much going for it to stay this low!!
Astra Zen has Sandoz and Amgen, JNJ or Pfizer is going to see the light soon! Mylan is cheap in its 52 week range so a deal is afoot!!