You knew he doesn't even follow anything under 'full grown' when it comes to bio-techs anyway. His comments regarding CYTK could have just as easily been made by a third-grader. He's not gonna change his tune until CYTK develops a strong revenue flow....nothing else is gonna trigger it.
It's crazy...the last 6 articles to appear on the Yahoo Finance board about CYTK have to do with that da*N Cramer show. Now it's becomming a question of who's trying to get this down a little....hmmmm..............
if something of a 'good news' contect comes out for CYTK is usually 3 separate articles at most for regurgitating the same story........but six in a row????? and for no more than what Cramer actually said....which was about as intellectually deep as a third grader could get.........give me a break......
"Cramer thinks its time to cash out and move on if you’re not already in the stock.". How do you cash out and move on if you are not in the stock?? Cramer is a #$%$ of third degree.
By the time they hve strong revenue flow, they will either be $30 or bought out. Why not buy at $12 and wch it closely for drop to bail if u get scared, instead of waiting to buy much higher. I dontunderstand that line of thinking. I see CYTK doing what it did after it jumped from .70 to 1.20 range, it will go sideways in $11 to $13 range, then suddenly pop to the next leg up. It may take it a month or 2, hard to say. But going from .70 to 2.07 pre split price tight now is a nice yearly gain any way u cut it. Any more is just more icing on the cake.
Sentiment: Strong Buy
I'd agree with that...but...as unlikely as it seems there is the near term potential catalyst in the July 10 meeting. If nothing else, more exposure and nearer and nearer to saddling up with a potential partner for T..