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Celldex Therapeutics, Inc. Message Board

  • strats3232 strats3232 Feb 25, 2013 4:24 PM Flag

    Opening on Tuesday

    Will CLDX continue the slide or rocket back towards 10? Any ideas?

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    • I would watch 8.91 to 8.85 area, it was challenged pretty well there a few days back and then watch the 8.50 to 8.65 area after that. The thing about CLDX is it likes to form long term bases and I have said this a million times you have to keep a 1 dollar to 1.25 cent price basis in your buying. We could see the mid 8's but I would be surprised but long term meaning even this year it should be more in the 12 to 15 range. The volume is a very low float stock so you have to wait for the dust to settle on both sides before you have a clear picture, longterm this is dirt cheal but like many I would not mind it to just settle in because unless there is short approval this going to be a long term haul and knowledgable investors like to take their time and accumulate. This stock is or could be down payments on houses, or colleges tuition I would rather watch it get what it deserves.

      • 1 Reply to hokiestock
      • I could not agree more with all of the above. I was thinking exactly the same thing. For now, whatever market does, and I mean now very short term, 10.00 is a wall, independent of today's sell off. Once the 8.50 - 8.65 is no longer a concern, we accumulate very strongly between 9.00 - 10+
        10 -12 the real next leg up will be contingent upon CC, in part, accelerate or slightly delay. Once any partnership news hits and/or FDA indicators we are 12-15.00 solid, very, very solid

    • I've been waiting for a chance to get into CLDX, so I'm happy to see a pullback.

    • Hard to know. Market overall was very bad today and helped a lot of stocks slide, but there was some downward pressure on CLDX anyway. Might retrace some more tomorrow.

    • With 9+ drug prospects today's drop was a only a blip. My gut feeling says we will hit a new 52 wk high on Tuesday.

      Sentiment: Strong Buy

4.715-0.025(-0.53%)Jul 25 4:00 PMEDT