NEVER sell. Tune out the noise of manic shorts.
The BIG BOYZ walked this down & are now walking it up.
It's there game, retail investors have no say.
Never get trapped out of a great stock & never sell in a panic.
Sit back & let the profits come to you...
Rich, I have been interested in this company for some time and can never pull the trigger. How long have you been in REGN? What would be your advice for a entry point? Earnings is due 11/5 but do not know if this stock moves anticipating good news or moves after reporting. Good to see your analysis on this company and other advice. Also, I am still in KORS but likely going to sell out after the next earnings, as you know SPO's are still weighing on this stock. All the best.
Anvboy, How are you doing?
I've been in REGN for a little over a year & bought more a couple of months ago. Much better mgmt here than the self-serving mgmt of Kors.
This is all about the near future thus the rich multiples, they have 1 blockbuster drug in the market (& they are planning to expand it's use) & another blockbuster in perhaps a year or so.
Great pipeline & mgmt equals hansome returns.
Earnings on 11/5 we seem to be consilidating before the earnings call. Hope you cvan get in, stock is volitile zt times but the trend is clearly upward.
anvboy, I have had this stock for many years. I own the stock 2000 shares at $13, 800 at $35 and 700 at $56. I have been to many shareholder meetings in NY. Regn. is a very well run company with some of the top people in their field. This stock will go to $400 within the next year. So if you have the $$ buy in now and sit on it like I did. it will pay off. If this stock ever splits I would jump all over it. Regn. will either be bought out or merge with another top dog in a few years. So buying in now, even at this price is a good move. One thing this stock can and will go up $10-15 easy in 1 week or down the same amount. So try to catch it on the down for a better price, like today it closed $4+ down. The next earnings will be good so buy before 11/7. Good luck