After trading ISIS for years, it's nice to take a profit. If you've been a long term holder, Up or Down, Now maybe a nice time to "Ring the Register" And ride the rest home. 20% of my shares paid for the rest after the trading done after the plummet before the $19 selling of Common Stock.
As Always, you do you. Leaving this one a winner sounds like an awesome IDEA to me. Long Term, ISIS is still a BUY, it's not done yet. Not even close if data for the rest of their pipeline comes out with better then expected results.
Hope some of you took profit yesterday, if not this isn't a stock I would short. Or hold on margin anymore. Strong long term buy. Unless you "need" the money ISIS has retracted from a 52week high several times just to test it and rebreak it this year. There is more potential good coming before the end of the year.
back in January I was looking at between 22-24. If I would have listened to the "come crazy guy" who said around $31 yesterday would have been a bigger pay day. Before he expected these kind of drug results and short squeezing, I did not.
You do You. Don't listen to those trying to get you to run from the long term. Think 5-10 years from now, would you want to own ISIS then?