For me, this means nothing. This stock has become the most manipulated stock in the market over the past 2 years. Until the funds stop moving it up and down for their wallets, we will suffer. We all know what this company does for the sick. However, the fund managers don't care about medical achievements. Only a couple of points here and there to pad their accounts. Until this ends, we will stay around this outrageous number. I only hope second half of year is much better for us longs.
r, If you are close to break even here then you are close. Continuing to marvel at this stock as well as contemplate the day when the worm turns. While waiting for that day continuing to trade CELG with a bias toward a greater core position. IMO.