Since I started trolling the yahoo forum last september, I havn't been wrong on ISIS.
Those following others, who will not be named, have missed out on some good money and profit taking opprotunities. ISIS is now back on an up trend, but we'll see how that goes. I believe ISIS ends the year above $20 and am looking at the $22-$24 range. Looks like the proffesional analysts are finally coming around to the same realization.
Think for your self and do what's best for you and your situation. ISIS is a long term play. The company could be 100 Billion dollar one in a decade, bought out, or maybe the side effect will cause a "bust" - but no one, absolutly no one, has ever argued that the drugs don't work.
Stay away from shorting and maybe, depentent on your cost average, when it brakes the $20 you can cash out your innishal investment and ride the rest on house money. I plan on holding for the long term but your never wrong to take a proffit.
Hind site being what it is... I should have bought more when I saw it drop below $16. Hope those of you looking to add took the plunge. Maybe we will get lucky and it will fall into a pattern like 2011 till early 2012.
But don't get cute and SHORT the stock, at any time it could spike. If one wanted to protect their investment or thinks the stock may trade downward for a bit look into buying some puts. Until ISIS can make there pipeline produce a steady cash flow independent of milestone payments it could see lots of back and forth movement. Even if there are currently $800 million or so negotiated. Contracts can be renegotiated...
Nice to see the stock come back to that $17 support after a few days.
If ISIS closes in the low $16, even on low volume, it could pull back more. There is good news posting, more coming, and a bright future. Hopefully this is just proffit takeing or people getting off margin. Either way this looks to be a good buying opertunity for those looking to add more. I'm on the fence considering how large of a posision it is in my account, but it's getting to that point.
You're right don't follow others who have been right on 100% since approx. 1997. Such as, "Sell Isis at $37.50" or my Srong Sell of Isis at $23 and buy Vical at $1.80." Chuckle. The world is full of drugs that work in partial fractions and yet not productive, or in many cases at the same time hurt the patient more than helping same. Hey, it's dark out tonight, at least you're an amusing chap. Thanks for the laugh. Chortle. : )
This is not 1997 - ISIS has a drug approved - Until you provide a chart proving that 1.5 decade old call OR can explain being wrong for the last six months, your a worthless troll. I have yet to see fact in your posts. Just fear and gasoline.