I too am pretty psyched over CLDX and my Bio portfolio in general..its taken me 3 years to eclipse my October 2010 peak in my main acct....I made a few mistakes along the way, and Im finally getting beyond them now!
It feels great to be PROFITABLE again!
admittedly Im in 44% cash too...so that has made it harder and longer to climb back but gave me a sense of Risk Mitigation along the way and kept peace w/ the Bo$$ of 38 years! She is now Happy again w/ me but wants even more CASH out! I cant make MONEY if Im all in cash Honey..get it?
Since nothing goes up forever, CLDX will come down (barring a buyout, though who knows how likely that is).
I've held PCYC for a while, and there have been periods of steep run-ups followed by downturns of nearly the same degree. Those have been leveling off of late as approval draws near, but there's no guarantee there won't be a selloff before or after approval.
CLDX doesn't have anything like ibrutinib right now (as far as we know), but the pps has skyrocketed. At least some of that rise--maybe a lot of it--is froth based on the anticipation of good results, upgrades, and institutional accumulation for reasons other than holding long. If there isn't a fairly steep drop at some point, that would be an anomaly. Post-end-of-quarter, budget squabbling, unemployment numbers, large holders selling off--anything could precipitate that drop.
As long as the analysts continue to try to get in front of this monster increasing their price targets every few weeks this thing will continue to run! The good thing is we still are not even up to a $3 bil MC due to smart management not diluting at low prices! I think this could see a $4+ bil MC sooner rather than later! Good news plus low float = $$$$$$$$ INCY got good news a couple wks ago and it shot up $9! That same kind of news and we would probably have seen double that!