Also large $40 March Call traded today over 2000 contracts not just $48 Calls are important..together near 5000 contracts, very bullish sign
based on all technical indicators, 53 is excellent buy time..also you will get dividend on 3/12; which help lower cost. i think strongly monday will attract buyers
I think this morning correction is normal after significant gains and it's Friday...last 30 minutes before closing PPS should return higher ...it may remain red but you will feel better ...it's digestion phase...long as volume remain low and steady..all OK...I feel good that yesterday was bonus gain which I felt didn't deserve after Wed .$4+ jump..so we are giving back and next week is fresh start...hope hold and move slowly ..GLTA longs and Good WKend
I think all OK so far..No serious selling by Serious Investors ..Just relax
Have you finish income tax ?....I just ran preliminary on Turbotax...just got shock treatment for taking profit plus all my option gains for 2014. Tonight I don't feel like pushing for capital gains any more.. ..or making money while Obama is in office...If you live in high income tax state, you barely net (keep) little over 35 % ...2/3 rd of gains you give away to government you don't believe in...I am frustrated with recent tax law changes...it's getting so bad that no more incentive to invest in market.
It's buy out candidate OK but at current point of development ,two sides are probably far apart... Don't need to rush, biotech sector will remain hot for few more years... I think best use of your investment is to continue to hold until INCY pipelines are more mature and easier to place value...that is when we will get closer to asking price...why rush to pay Cap Gain Taxes....You will have less money to reinvest than just keep going as is all in INCY success..
Mrdtino; I think you are reading correctly, it's controlled until first quarter ER...remember we heard $15 million Norvatis milestone is deferred to Q! 2015...and added to growing sale, we are going to have super nice comparison to 2014 Q1...market will like this and getting closer to ASCO; We should have good PPS appreciation...SO , pros are accumulating ... it's controlled to keep down much as possible ....long as possible ... GLTA longs...I am pleased with GEM trading action... TA holding strong
I was watching trade action ,one thing different today from previous few days were price action held up very well without violent drops doing entire day...Lets hope today is beginning of firmer uptrend. GLTA longs
I hope today is only dividend snatchers getting out.....in few days true MO investors will return to accumulate again for the most trusted stock to own long term
Jacosa ; Nice well thought out post...I appreciate you taking time to give us insight to what is going on before reality hit media