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Celgene Corp. (CELG) Message Board

  • rob_cos rob_cos Oct 28, 2013 12:44 PM Flag

    Delayed earning positive move starting....

    Come on guys u know this stock...down on good news then outta nowhere up $3-$4. CELG is extremely confident in MM-020...feels like something important may be in Nov 7 abstracts next week.

    Understand the frustration - I mean that Q3 across the board beat and raise and Apremilast data should have us in the 160s for sure....but for the 15 yrs I have been in this stock the big guys make sure there is maximum frustration on good news - go back and read moranpicks and polo grill's posts over the yrs on the dips off wonderful earnings over past qtrs and yrs - and you will find them spot on - takes a few days for the momentum sellers and those waiting for good news to take chunks off to settle and then one day BOOM - up outta nowhere....soon....The mood re MM-020 has never been more positive at CELG - they simply can't talk details until at least the abstracts are out --- and it feels from several touchpoints there may be something important in the MM-020 next week...indluding the good Dr Fouse at the end of the webcast saying she is looking forward to talking to investors once the abstracts are out (Nov 7-8). Make sure you round up your position early this week on our normal down monday (although I would add early today as I think we rally late for once on a monday) to be in for the Abstracts through JPMorgan Jan 13

91.62-0.04(-0.04%)Aug 22 4:00 PMEDT

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