Not sure what other people are seeing, I am surprised the big boys aren't coming in but they will soon due to the split
This is just short term effect, momo players taking profits.
Institutional buyers accumulating.
Easy 50% appreciation in CELG by YE'14!
Sentiment: Strong Buy
Looks like this was a biotech sector selloff today. Nothing company specific to CELG. Glad I added to my position this afternoon. I'd take a few more sessions like this....with no official bad news.
Sector rotation it seems. Money might be moving out of biotech sector after recent huge gains. I would be cautious to put new money in this for a while.