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Celgene Corp. (CELG) Message Board

  • strater_dave strater_dave Apr 22, 2013 12:04 PM Flag

    Is Amprilast a Pump &dump move?

    Its priced too high, oh I know, cheaper that many "EXISTING" products, but there are MANY products in phase 3 or 2b, that when approved can easy take share away, oh ok so they can lower the price THEN to be more compeditive, ok yea that is what will happen, it is a good drug...........but how many pundits have priced this in?
    Absolutely short term spike, then it may become a short when other drugs approved........dangerous for log term investors, good for pump and dump.

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    • If its a "pump and dump" they've been pretty successful with the "pump" part ... don't you think? The stock has moved from the 80's to around $127 in just a few months. I think the "dump" part will probably happen when CELG stock hits $250-$300 in 2016.

      Sentiment: Strong Buy

      • 1 Reply to junkyard687
      • Well the point I'm trying to make is that, as a "trading stock" the future looks good, but that very diffrent for a long term hold, Now I suppose, this board is mostly about short term profits so I would expect it to be greeted well. I'm just saying to long term revenue stream is not clear at all. I see the product priced to get maximum short term profit, ie 2 years, not as a own 30% of the market in 5 years, it take profits now, if the slide in the future so what, HOPEFULLY more products down the line.
        There are not may institutional entites with LONG TERM outlooks buying this stock.
        Good luck.

    • OMG.

 
CELG
93.85+0.58(+0.62%)Sep 19 4:00 PMEDT

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