You will probably still see a 100% gain within 6 months in SGEN There will be a bidding war over SGEN. Oncology wise the technology is groundbreaking - we have a "cure" to many Lymphomas, imo. Decades will pass before stem cell treatment will top this.
To all: if the reply button is not working, try clicking on the message title (in this case "To "Losinglunch".....") and then hit the reply button on the ensueing page.
To Losing - Don't feel bad. I once owned more than 20K shares. I sold all between 20 and 25 about a year ago when it ran up to 25 in about a 2 week span. I had a few chances to get back in near break even but just couldn't pull the trigger. GLTA
I have no doubt many are wondering when is the right time to sell with the recent run. We all fall victim to measuring success in days and weeks instead of the long term when it comes to investing, especially when we make the decision to sell for whatever the reason. It is such a personal decision and one that we all have to live with.
I know right now I am feeling very good about my investment and hope to hold on for a long ride up but I know full well, we ran up quickly and we could easily go down just as quickly. Hopefully significant news hits soon to justify the recent run so we don't fall back to earth. Long term I do believe that we have tons of potential and we could be looking at much higher prices in the coming years at which point we will still be wondering when the right time to sell is :^)
GLTA and let's hope the fun continues because it sure has been fun.