I agree. The bust through 102 on a down day, was followed by almost a bust down through 101 on another down day, and, importantly, on heavy volume. The big money is all leaving this. The proof is in a Time & Sales tape, which I run every day from morning to night. Many of these 'dark pool' trades are not shown on Level 2. But, interestingly, the AH showed tons of late reportings of institutions, easily identified by their huge numbers of shares in 4 decimal place numbers (no individual investor gets fills EVER with 4 decimal places).
The moronic idiots on this board constantly degrade, abuse, and belittle you and I. Let them all eat #$%$.
GILD was building the right side of a cup formation, but it then broke below. It doesn't matter that it happened today because of the market - it broke it on high volume (always a bad sign), and that pattern is now broken. It may go back up, but after what AAPL, TWTR, and others did to the NSDQ and the market today, count on the downside, not the upside.
The 102 was a resistance level it broke through, and now well back down below, invalidating a breakout.
"I don't have to make any intelligent comment." No, you don't possess the capability of doing so. Tit for tat, I don't need to explain any of my clear to understand statements to someone as loathsome as you.
Hey, sh-t breath mental midget!!! You bought at $48? So, I guess that makes you some superior being - NOT! Many people bought the stock when all indications made it appear (and this was after earnings) that it was in a breakout. Are you planning on selling your shares then, wise as*wi**, when it reports Thursday? Are those who buy it before or after earnings fools then? You're such a waste of a creature on this planet, your vile posts should just be ignored, along with the 5 snakes you upthumbed you. Get lost for good!
YOU haven't made ONE intelligent comment. I HAVE. Superfool, just get lost for good. You contribute NOTHING.
You're dealing with a board of posters who don't have the intelligence or capability to make any intelligent comments. I don't know why it fell. The important thing is that it did, and it is showing no signs of recovery. Watch all the downthumbs I get for posting this. That will tell you boatloads about the dunces who can't post anything but positive, regardless of what happens in the stock.
No intelligent life on this board. Just stubborn longs who lack the mental capacity to react to a significant fall when the NSDQ is higher than the negatives from Monday, i.e. -60's to the best of around -15. It's negative -1 now, and look at the price, you fools.
What a clown! You can't see the forest for the trees. You don't have an intelligent comment to make - just meaningless, nasty comments.
Even with the DOW returning to positive, this is 101.31? Explain this
Obviously Thursday's upcoming earnings are driving the stock up. Let's hope it continues Tues-Thurs., and that earnings will be met by the market positively, which is something I don't think anyone can know.
I think expectations will be quite high, and the history of high-flying stocks have been that they report well, and unless absolutely blowing the doors off, many of them fall, as there is considerable profit-taking.
Take your negative, senseless bashing of GILD elsewhere. You are simply a curse on this board.
It will be there shortly, and actually was 102.45 today. The drop that followed today was due to the horrid reports on Thurs. Afterhours on MSFT, GOOGL, & SBUX, whose big drops highly affected the NSDQ today. In any event, to show the resilience and huge buying demand for GILD, it actually closed up higher than the day before. And, it actually was up to 102.45 today early, before the impact and effects of the stocks I mention had on the NSDQ. Don't listen to the shorts who post here to bash the stock daily.
The laughs on you. YOU made the wrong decision on a rapidly-uptrending stock that is busting through resistance levels that have put it in a position that there is only upside (other than the typical short, narrow drops that EVERY stock experiences because of the world and the US market. Bad choice? That describes you, shorting or staying on the side lines while the stock has left you behind, in the dust.
You're completely delusional. LOOK at the tape on the horrendous Friday, 4/22, due to lousy reports from MSFT, GOOGL & SBUX. GILD not only maintained its rapidly climbing gains, but actually closed up higher than Thursday, BEFORE the named stocks reported and everything started to fall apart. The whole day of 4/22, GILD only dropped $1.20 at its LOW, and then went on to close HIGHER than 4/21, prior to the AH releases of these NSDQ firms. 4/21 it closed at a high 101.71. Friday, the horrid day, it closed 0.20% higher at 101.93.
You can't argue with the tape and the price action, which indicate that everyone wants to buy GILD, with 30+ analysts ratings to $150 or more a share, and these are all analysts from the big firms. Further, you don't need an analyst. Simply look at the strong thrust of the buying pressure: that tells the story, along with all the incredible drug news, the dividend, and the P/E, that NO drug stock of this caliber comes near matching.
You truly must be a short seller, as your proclamations are completely off-base. PROOF: On the WORST day, Friday, 4/22, when the huge NSDQ plummeting was precipitated by the mediocre or bad reports of GOOGL, MSFT, SBUX, and considering that GILD had run up to 101.84, which is a break-through level of the gap of 101.17, and also broke out of a resistance point, it closed HIGHER than the day before, before the NSDQ plummeting stocks reported on Thursday after the close. So much for the total BS you write here ceaselessly.
I'm seeing your CONSTANT, INCESSANT posting. It's obvious you are short this stock, or you wouldn't be posting threads to dump this stock NON-STOP, multiple times a day.