1) more buyers than sellers? 2) anticipation of what's in store at ASCO next month....colon update? 3) executing their business plan....revs up, sales force expansion, int'l expansion, loss narrowing, profits by year end? 4) recession proof and defensive...yet growing rapidly...a company and business plan that attracts investors in any environment but maybe particularly in this one?
If you are looking for a time or price point to take some profits (I never have and won't for the foreseeable future) a good time to do it would probably be when those knucklehead analysts who downgraded their opinions last year, raise them this year....stock is up 20% or so since last fall when Matt Scala lowered his opinion from buy to hold...in THIS market....what a dope...how do these guys stay employeed?
great science....great company....the stock market churns and burns from time to time but over time this stock's price will reflect the fabulous underlying business model and execution.