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Celgene Corporation Message Board

  • rob_cos rob_cos Jan 10, 2013 7:32 PM Flag

    There was no blasting by FM - & the stock is down a few pennies AH ON SMALL VOLUME ....VS 4 STRAIGHT ALL TIME HIGHS ON 30 MILL SHARES

    What are you talking about? First of all Mike Coe's VIX call comment has NOTHING to do with CELG. Its a volatility index. Secondly, the comment was an inaccurate one by Jon Najarian - saying people were obviously taking profits in CELG with 11 million shares traded....Ummm..Monday after CELG CEO provided an incredibly bullish update - there was no profit taking - the stock rocket up to AN ALL TIME HIGH of 85.73 on 8.8 million shares. The 11 million shares Najarian discussed was Tuesday BUT THERE WAS NO PROFIT TAKING. Stock was up $5.68 to yet another all time closing high $91.41closing pennies from the high of the day on those 11 million shares. THAT WAS TUESDAY NOT TODAY and there was no profit taking. Then yesterday yet another ALL TIME HIGH 92.34 close on 6.2 million shares...AND NOW TODAY another ALL TIME HIGH on 6.5 million shares up another $3.14 to $95.48....

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    • at some point at some time there will be profit taking, it will not rocket up setting all times highs for the next two weeks, this week has been great, many shorts toasted as they took short positions in the stock and puts.......i do not see a $10 fall on profit taking unless the entire market craters, but it will be interesting to see how much further celg will go before a pullback

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