Eli Lilly & Co. Message Board
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GAPPED OVER THE TRENDLINE!!!!!!
Very bullish!
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rentman99...
I'm thinking short term to 75-76 based on ther charts. What do you think?- 1 Reply to BuyHiSellHigher
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I think 75-76 is reachable near term. I am long
nov 60's calls and intend to get out today! Was here
3 weeks ago, before we all got slapped around for
two weeks, but this time I don't have the luxury of
waiting out another down draft ie: market
downturn
employment numbers (I think) out friday,
fed meets in two
weeks, interest rate concerns will resurface any day
now
long term i think LLY looks good after making 3 lows
around 62. good luck!!
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Analysts said the possible combination of the
fifth-biggest
and ninth-biggest U.S. drugmakers could be the start
of a new
round of mergers in the $300 billion
industry.
``This may start the next stage of consolidation and get
the
drug stocks running again,''
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