Not so long ago, it couldn't break out from the mid 70 range and here we are stuck in the 115 to 120 range. ONXX pricing should give everyone comfort reference CELG because CELG is one of the big horses.
A stock split or even a DIV might be a nice gift to shareholders.......a split would appeal to many more BIO searching investors especially given CELGs pipeline and earnings forecast for the next few years.
Then again, if more purchases are in the wind, a stock split is a no go.........be patient...CELG is a winner IMHO of course!
A split will not happen. Wouldn't make any sense with a company that is purchasing back their own shares. Besides splits do nothing other than give the false impression to the retail investor that the stock is somehow cheaper.
Wasn't sure where CELG was on the buy back and kind of forgot about it! BUT, that would help explain the tight range........course earnings are coming up so i expect we see a bit of a run but who knows!? All IMHO of course!