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Exelixis, Inc. Message Board

  • hhh9576 hhh9576 May 23, 2013 11:20 AM Flag

    Time to buy EXEL??

    Chart looking poised for higher soon, perhaps back to 5+ Anyone agree? A buy in 4.60's looks compelling

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    • The time to buy EXEL is and has been under $4.60 and depending on your time frames, risk, patience and discipline, at $4.50 or under. In either case the history is VERY CLEAR. It gyrates, sometimes dropping lower for a short while, and then without fail bounces back to $5 range, and sometimes higher. As well, EXEL has NEVER failed to go above $6 at some point EVERY YEAR for a decade! ALL you need to do is check out the long term chart. I have bought some to trade on this last dip, and will buy more if it drops now below $4.50 again. Baring that I will sell those trading shares if/when it moves back toward $5. My core remains and will not be sold for years, unless real and substantial bad news, (nothing even close to that lately, in fact it all looks better than months ago). The markets look weak to me, and overpriced. I would NOT buy this above $4.60 as it will move in sympathy on any big drops.IMO The manipulation here is very predictable and funny, to me. It is exemplified today, where they hold it up when market dropped sharply early AM, and of course pushed it down when markets were strong over past days. Again: be disciplined.;IMO Buy now, in weak market if it drops down.

    • FYI-- If U all like EXEL, also check out ACUR. Nice chart & has tremendous potential like EXEL.

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