We are not actually oversold yet. RSI is around 38. Hopefully, we are in consolidation for a move higher, but that is not a certainty. Great time to buy right now. If you are holding, hold tight and this will eventually get better IMHO.
Another clueless shorter. You have been posting gloom and doom about BIIB for months and you are always wrong. It's up almost $2 so far today. I will close between $305-310 and you will be wrong again.
I don't know where you get information from but BIIB will be down again today. Come on Man!!
Time to buy at the opening. The entire BIO sector is set to rise sharply today and through out this week. BIIB is already up around $10 in pre-market. I am hugely buying a BIO TECH Fund at the opening today. Yes Japan is an issue but the rest of the world is doing great e.g. China growing at 7.2%, India growing at 5.9% and then we have indonesia, philliphine, Taiwan, Singapore, South Korea, Sir Lanka, Malaysia even Australia growing at a fantastic pace. Indonesia just announced a growth rate of 6.9%. So my friends do not underestimate the pacific rim in terms of growth.
Sentiment: Strong Buy
cramerstrophywife - what a moniker? She ain't better looking than the average white female. The rest about her is hyped up severely!
Come on Matt. Do you really believe what you write? If BIIB is above the $300 by the end of the year, it would be a miracle. Biotechs are dead and BIIB will lead the way downward!!
Of course he did. Everybody except for the cheerleaders on this board know that BIIB will be sub $300 next week and stay there for awhile!!!
it'll take a while to reach $383, but i see $330 before the end of this year....during Santa Claus rally we could see 350. not smart to sell this puppy, while revenues and profits are rising.
CITI removed BIIB from their preferred list but they still have a BUY rating with a price target of $383. The analyst reemphasized this Friday evening on CNBC