Yeah. It makes me a little nervous when it keeps going higher without a correction. But considering I'm very long, how high it goes is really only a hint of where it will go when it gets closer to approval. I'm not selling for quite awhile, so these huge gains or corrections don't really effect me much.
I understand. Good luck to you, I just don't like it when you see institutions blatantly pumping. I am taking my risk lower with HIMX, PXLW , IPCI. for now. eventually will get back to CLDX. Just not now.
Its possible that we move back higher today. There's just too much momentum. Nothing negative was said yesterday and we have Nov. coming. Yesterday was our correction. I always see the glass half filled. I've been wrong before. lol
Even if we see a 10% correction. Several things remain clear: 1) The institutional investment which comprises 85% of all shares to date; 2) 90M investment secondary offering was a testimonial not a hype last December. 3) Continuous upgrades the latest 40 .00 and 45.00 by some of the highly respected notable analysts, not known for wild speculation 4) The latter based upon access to information from the most reliable sources as to warrant the Decmber 2012 secondary, the continued STRONG investment; our volume per daily is that of Celgene now; the trials to date are more than mere speculative at this point on Rindo both trials and CDX-011; ; the really lack of competition as far as being this far along going into III on the latter. The other strong parts of the pipeline; the complete lack of concern with regards to cash flow' the re-stated yesterday desire to remain 100% owned and we will partner on combination or secondary indications. There is no hyp e and no delusion going on here. Is there nervousness as to whether this MIGHT be bough out at 100.00+ per share now, yes. But that is a good thing to be anxious about. STrength, time, continual expansion of all cohorts, etc are on our side
I am not a short. I was a long for MANY years. This Leerin Swan BS PR ref the CDX 1127 got my red flag up. I am OUT of CLDX. Nothing wrong with the Co. but the risk/reward is getting in too risky for me. Too many of us are seating on huge profits.
It'll take a serious correction for me to get back in.