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Incyte Corporation Message Board

  • tjnelis tjnelis Jan 23, 2013 12:26 PM Flag

    morgan stanley drops a bomb on incyte

    gives the stock an underweight from equal weight with a price target of 14....now that tells you something.......just yesterday i was thinking that the volume the last few days had dried up.....in the past when this took place it was ususally followed by a big down day.....hind sight ....yeah yeah yeah but this is not good for longs,just like after the bac price cut of $3,00 a share, it is interesting to note that this comes very near the 4th q report? does MS have some real dirt on incyte or are they using it to gather some shares,,,,either way it looks to be setting up another new trend in the stock and that is not to the upside, oh and it seems to me that bac had done this right before a quarterly release for incyte also........;

 
INCY
47.41-1.91(-3.87%)Sep 22 4:00 PMEDT

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