<<Vrtx will go up and sell off after earnings or keep on rising to new highs after upgrades. Please, tell me what you think will happen>> --------------------------------- Vrtx having gone up from $9+ to its present levels and also being a biotech stock makes it very difficult to predict its short term movements. But as we saw yesterday it was down a lot and then recovered by the end of the day going positive. Naturally I would like a steady climb and not as much volatility and when that does not happen I post messages similar to yesterday's. Regardless of what I say though I am a long term investor in this stock. As far as earnings news, there is usually no new surprises. Some times the burn rate is higher or even lower than expected because of the timing of the trials and the numbers registered in the trials.
your idea is right. just a buying time !! I buy at 21.50 and sell at 25.50. BUT this a killer comp and the better Pos is to buy at 21.50 and hold if you don't have time to trade. Jan will be over 27. best rog
<Vrtx up a little today. Reporting finacials next week. Vrtx will go up and sell off after earnings or keep on rising to new highs after upgrades. Please, tell me what you think will happen?>
Earnings at this point are not the driving force moving the stock upwards. Future earnings with the success of a myriad of drugs are the key to the continuing rise of the stock price. Dips will be likely after or before the earnings report and that will be a good opportunity to buy more stock. Bottom fishing for many institutions who will be window dressing their portfolios.