This stock hit around $113.39 on 1/22 - before a massive profit taking. It will at least hit that in wave 3. Notice how that's $41.41? Now is a great time to buy.
Sentiment: Strong Buy
Are you for real dude? This stock has merely pulled back - taking a breather and then will continue it's parabolic move higher...get lost punk
Amazon! Yelp! No profits in sight for years! Yet these stocks keep going up.
Good luck shorting them, and ALNY, too. But I think you will lose money doing so.
You may be right. It just might be time to sit on the sidelines for a while. been debating just that. My average under $10. long term makes is a little easier.
As for the bio bubble, I think you are mistaken when it comes to RNAi. The promise is quickly becoming reality.
Might want to take a look at RXII, wll be in ALNY's league before too long.............good luck All
This thread of messages is an interesting debate. After reading all posts, I'll side with Sanofi and the bulls. Also, after buying 12% at an average price of around $80 a share, likely Sanofi will buy more if the price goes much lower. Time is on our side.
If Sanofi believes in the company enough to buy 12% of it right now, rather than just having a partnership, don't you think they believe in the future of the company? Following that logic, don't you think if the stock price fell appreciably, they might actually buy more of it? Or do they just randomly buy up 10% stakes in companies as lottery tickets, hoping to "hit the big one"? It may sound like I'm mocking you, but that's a legitimate question for you, So-crates. Cheers