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Incyte Corporation Message Board

  • cli2 cli2 Apr 15, 1998 6:39 PM Flag

    Look up CRGN!

    Take a look at CRGN, this young baby will fly high tomorrow after the announcement--this could put Curagen into Black by mid-year, just unblievable, considering the company had just ipoed one month ago. Wow, go CRGN!

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    • Scary drop, eh? I was particularly scared by the high volume, but 75% of it went in one block. I thought about selling, but it's still above the 200 day moving average and a very dynamic company. I have faith in INCY. I wish you (and me) all the best in INCY that are long.
      It was also a tough day for arqule and affymetrix, incidentally.

      • 1 Reply to SigridB
      • Probably the drop has something to do with their numbers.
        They didn't meet the expectations of the street - a disaster
        if it's a growth stock with a p/e of more than 100! Such a
        high stock price always anticipates a lot of future. And if the
        analysts become a bit disappointed they tell their clients to
        sell - and this happens right now with INCY. Nevertheless I'll
        hold on and wait. It doesn't make any sense to sell now. The
        company is great and I still like them.

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