Biofund going out of business liquidated holdings in PCYC couple days ago, PCYC doesn't have the volume to overcome 80 probably setting up for lower prices. Sector seems to be topping as well as the general market. if your holding take the longterm view and plan on seeing the low 60s before any next leg.
My guess is that there'll be a fair number of buying opportunities until the next real catalyst. Today's modest recovery in an up market, after yesterday's big drop, makes me think the pps will range in the 70s to low 80s for a while.
I truly believe negative sentiment concerning this stock will fade into obscurity in a shot time imo Just by looking at whats coming up in the near future.We have American Society of Clinical Oncology 2013 Annual Meeting May 31-June 4, 2013,European Hematology Association 18th Congress in Stockholm, Sweden June 13-16, 2013 and the International Conference on Malignant Lymphoma in Lugano, Switzerland June 19-22, 2013 No small potatoes IMO..