Hey nice to hear from you ,glad you are still bullish ....I am getting very confident that when ASCO abstracts are released, it will give boost to trading..person that bought 2000 $90 Jun Calls contracts is pretty sure ,counting on positive data at early JUNE ASCO meeting....Anticipating repeats of 2014 ASCO..., I am keep thinking of selling Mar.$82.50 Calls and also sell $80 Mar. Puts and together collect about $5 fee /share but my bullish head preventing me from pushing keys...I keep seeing $90 like you near term
Closing with rush of buying ,good sign of accumulation...from past experience, INCY always need good strong tail up buying to main uptrend....same is true when closing is tail down rush with decaying price next day & next PPS just breakdown and later we find out institution/large share holder divesting....I think we have good looking stock...relax LONGS.. GLTA.....WHERE IS MADDIE ?
Thursday isn't bad if morning announcement but after close is less desireable percentage wise...hope for good news with NDA submittal
Anticipation of NDA announcement doing earning report conference call meeting. no serious buy out at this phase of development ...if comes much later
right right right !!! Qui, go ACAD ! TIME HAS ARRIVED i am in equal to INCY position
Mrdtino; Execuse my stepping in but I couldn't wait..If you list all pluses and minuses and possibly weigh factors, BULL will win by large margin...therefore I have recently added more shares...Also all biotechs have added more values..looks good for 2015.....You need to be positive to win when you have tail wind
I took tiny seed position few days ago....at that time company looked weak in financial but now that has been filled...with INCY endorsement on science, stock looks interesting, I will add more on pullback.
QUI; this might be interesting with ACAD going higher that you can relax... I bet INCY will be $90 by mid JUNE...I am backing my words with 100 contract naked JUN $90 PUTs... Your GEM is strong & steady now
I am beginning to suspect after Zacks yesterday report...listing all on going clinicals....my nose is pointing toward ASCO planed publications of bullish data as reason of betting with 2000 Calls... Strongly feel our stock has completed selling cycle and creep up from here on
I did not post earlier..thought I was miss reading......glade Jacosa you got same way....
Do you think help share price Tuesday ?
QUI; I just shorted ADXS Apr.$5 PUT....this stock I don't mind to hold in seed stock portfolio ..I will take $3500 or shares at $4.65 in Apr..20th
I think figured out...It's accumulation order MM is filling by controlling or periodically capping up trend by deflating with sell shares.
Today I sold more MO PUTs, tried short ACAD JUN $35 Puts but no deal hard to sell unless take what's on plate. Since I offer large contracts I want more... I like close to 60-70% annualized return on stock that I don't mind getting pushed...I have AAPL,GILD ,MO outside normal holdings, bought through naked PUTS...I did get pushed doing low points so came out highly profitable....I will continue to accumulate ACAD naked PUTs when I get my buying power backup...I have too many INCY PUTs out now... When I don't have new idea, short IBB PUTs not bad deal.