REGN is a $520- $570 stock if a large pharma buys them out. The short traders tried all week and couldn't break it until Friday, which is normally a low volume day. The market makers backed away and the stock price fell. The game is simple- accumulate on these downturns and distribute when the stock resurges. Look for short-term retests of $407 and $437. Remain agnostic unless they introduce a new therapy for a new disease- then look out $700.
Point well taken. But even if you compare GILD to companies like CELG or AMGN, which are 1/3 to 1/4 the size, these boards have nowhere near 1/3 to 1/4 of the comments. As I said, it is not uncommon to have more comments in a 30 minute period on the GILD board than you have for an entire week for these others (with lots of exciting stuff going on with CELG, AMGN, REGN I may add). I do think GILD is a bit of a cult stock that historically attracted a lot of retail so there are a lot of competing forces on that board competing for mind control.
It's interesting too if GILD is down at all one day, there are immediately posts like "Get out while you still can, this stock is going down to zero."
Maybe the volume of stock traded might have something to do with it. Avg 3 month roll:
The more a stock is traded the more people will comment and the more the pumpers and the naysayers come out as well.
Just my thoughts. I have owned all of these at one time or another. All good stocks.
Good, so now we are getting somewhere. First, I made nothing up and came at you with the facts. Second, you say that in Oct "we" had a huge decline. REGN opened the month at $355 and closed at $393. Yes, the low was $334, but I am sure that you are aware that the entire market was tanking at the begging of Oct. REGN's drop was less and rise was greater during that month, which was the sign of a very strong stock. This was proven to be the case as we then rose to the high $330s.
In your November post, you refer to REGN as an "investment" that you would not recommend. Maybe you interchange "investment" and "trade," but the word investment is usually used to describe something that is longer term, where a trade is something that is short term.
Let's face it, the only thing that happened to REGN between the end of Sept and beginning of Nov was that you sold it. And that was why you were on this board with a complete 180, trying to get others to do the same. This is an open board, free country. But when you come on here, act like a professor, and contradict yourself, you should be prepared to be called out.
I can see that you spend much of your time on these boards so you will probably respond back, but I don't have any more time for this exchange. Good luck to you.
I never said I didn't like REGN. Maybe that is where you got confused. I love REGN, but valuation has to matter. I do think in 3-5 years it will double. The problem is that now it is trading beyond 2x its growth rate. It is just too expensive based on where it is on its growth path. I did say that on 5 Nov, but you have to remember that in Oct we has a huge decline. I was right there on Oct 15 buying REGN and CELG. Not to take those profits would have been insane. These companies bounced back more then 20% from that low. If you feel comfortable hold REGN long term that is fine. I would rather sell the companies that has run too far and is over valued based on its next 1 years earnings and put that money into something like BIIB or CELG which will give me bigger gains since they are still undervalued by their earnings. My strategy is much different from anyone else I know. I trade around core position in companies. I must love them long term but I hold myself accountable to outperforming the market on a monthly and yearly basis. It is a hybrid strategy and most passive investors hate it but the active traders love it. All I am saying by pointing out the valuation issue is there is no reason to rush into a company that is over valued. I think REGN pulled back to below 400 at least 5 times now since November.
You don't seem to be a person who will ever let the "facts" get in the way. Back on Sept 25th in a post "So Much Potential" you state that REGN is a $35B market cap company with the potential to double in 3-5 years. The closing price that day was ~$355 and market cap just over $36B. Then, a WHOLE month plus later, you are back on here on Nov 5th saying this was a bad investment. On that day, REGN was trading a whole $13 higher at $368, which would have given it a market cap of $37.4B. So, in your own words, this company which had so much potential to double to a $70B market cap in just 3-5 years was no longer a good investment when it was trading just 4% higher at a $37.4 MC.
It gets even better - less than 2 weeks later REGN closed at $415.
I was able to find this information by digging through your 98 PAGES of posts in just the last 6 months. So, you contradicted yourself and you were also wrong. I don't really care. But I do think REGN is a good company with a fantastic pipeline...just my opinion. So if you come on here contradicting yourself with knucklehead advice and then come back wanting to give more, prepare to take some heat.
As a matter of fact, I don't think anyone should listen to my investment advice nor yours. They should make their own decisions. But, I want to make sure the influence of your silly post is limited.
I will keep looking and let you know if I find one. In the interim, I will continue to call out people who are certain of everything and right about very little.
CTSO has tons of sales potential and REGN should buy them....PFE ia already rumored to be sniffing around them ....do your own DD and dont buy on my say (I own 4000 shares for $11.75)
A major breakout is forming and the stock is very tightly held!
Take them minute to learn about this one! worth the time!
GOOOO Regeneron! Long and strong
Well, when you find a board that does not have any of these "tools" on it you can let me know. Unfortunately they always exist all msg boards.
Sentiment: Strong Buy
Your making things up now. I never said it would pull back significantly when it was in the $360's. I was in REGN up till it hit $400.
Apologies to the rest of the board if this came off as rude, but I have a particular distaste for people who see themselves as the authority coming on these boards for no apparent reason other than to scare people into selling. As a point of fact, for you long term REGN holders, this knucklehead came on when we were trading in the low $360s saying that it was going to pull back significantly. Within a few weeks we were in the $430s. Now he comes back saying he was some sort of prophet. LOL. This guy is a tool and and if you are long and believe in this company, consider just blocking him out.