and it will go higher, their pipeline is very promising and with the abuse of drugs in this country we will see this continue to go higher. ALKS is a different drug company, There are not too many companies like this one. Unique in that they deal with neurological disorders in 85% of the drugs they have. Not many of those out there today. Only good news out there.
With upcoming earnings you might get lucky and sell on a peak then buy it back on a dip. Momentum is high and just a slight earnings beat coupled with drug development news will move it another 3 points.
Insane, but the ride is fun.
I sold at 29 quite satisfied thinking it would settle, but volume kept mounting. Then I bought back at 30.4