Wed, Jun 19, 2013, 11:41 PM EDT - U.S. Markets closed
CELG +1.69 (+1.71%), GILD +.68 (+1.63%), ONXX -.68 (-.93%). What is going on? I hate to think what would happen if the market went down.
Sentiment: Strong Buy
No one wants to own it when earning comes out. But better yet, what earnings?
Pretty amazing decline in ONXX just prior to the earnings release. The MMs are working in over-drive to drive the price down before the good news on earnings come in and drive the price way up.
You got that right! Credit must be given to wehere it is due.
I hope you are right Vin. Since the secondary, there has been relentless selling, some of it on pretty decent volume. It is hard to figure out what is going on. if the earning report will be good, why all this heavy selling just before the release?