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Celldex Therapeutics, Inc. Message Board

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  • mtgfriendofman mtgfriendofman Jul 2, 2009 3:59 PM Flag

    Next Week Back up to $8.50-$9.00

    my personal view is that a purchase in the $7's is a good deal if you're willing to hold for some time. however, i've turned negative on the market and sold off most of my positions. i think that we've hit the end of the recovery - my thoughts about a week ago.

    today's employment report confirms my views (at least to me). i think that the employment report was terrible, and for us the U.S. to see a recovery, we need the job losses to turn around in the private sector (gov't jobs are excludible) and there's no sign that is even beginning to happen.

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    • Same here, I've been out for about 1 week now.

      CLDX is a good trending stock, plenty of beta, and seems to follow the rules. I'd want to own this for keeps some day, but this is a bear market and the company is not making money yet.

 
CLDX
27.80+0.66(+2.43%)May 22 4:00 PMEDT