so don't think of this as a pcyc problem. i would look for entry in the best ones, including pcyc....
by end of year. fad approval comes early october and expect last qtr sales start running.
if you really believe af is wrong and that you really believe icpt goes to 500 bucks, then keep buying. i am buying on sell off regardless what others say, as long as the company is on track to achieve success for its drug.
they sell low and to buy again much higher. the stupid 'investor concern' craps about this and that floating on the so call 'wall street'...where is wall street these days? its far from wall street with people who talk about these things thousands of miles on the other side of the country publishing the craps online. looking to buy more at 87.
next week will be earnings for biotech stocks. there will be some pretty numbers from various companies. they are getting out this week before biotech earnings after the run up last few weeks. good time to buy and hold into earnings.
i don't get how wall street doesn't get it.
this is a relatively newly created company. and they have a pretty good drug pipeline. so its in part tax reason. but also good growth prospect.