Some amazing moves buy some small biotechs. Has anyone followed CLDX and ARRY recently? They are on fire. I am sure there are others I have missed. The larger biotechs are cooking also. CELG, AMGN and others. Happy about the ASTX move of obviously.
Anyone worried that they will lose almost $10M dollars in the second quarter? This ones on borrowed time and you would be smart to take some off the table. Third quarter will be equally as bad and then if Dacogen goes generic, you will be looking at a $3 stock again. Be happy that you caught a industry moving higher, but as soon as the markets get weak, you're little stock here will be on the fast train south. If someone wants to name a single event on the horizon, please by all means state it.
You have to be surprised yourselfs that this peaked, but unless you get something concrete, this stock is about to have it's legs bent.