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Exelixis, Inc. Message Board

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  • nndung802000 nndung802000 Nov 30, 2012 4:11 PM Flag

    Stifel Nicolaus reiterated its rating of Buy for this company and changed its price target from $8 to $9.

    We do all read it. But down 7% on the day FDA approval is not normal, ist it? Is there any explain?
    Anyway, thank you for your selling, I bought 200k more today.

    Sentiment: Buy

    • Yes, when you have large numbers of hopeful retail traders, the "sell on the news" dip is perfectly normal. I am giving you a serious answer even though your "bought 200k more today" is obvious nonsense. No one with enough capital or courage to buy that much stock into today's trading would be dumb enough to post it. Besides, there is the likelihood of a further selloff at the open Monday. Nevetrheless, I am long here and may add more about the middle of next week.

 
EXEL
3.29-0.03(-0.90%)Apr 17 4:00 PMEDT

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