Sooooo, I told U re RARE the first two targets I mentioned by Analysts 64, 74, whom I think are helpful has been exceeded and this bad boy is going higher. Sure laugh, I bot a little more today at 71.72 with a large bid and it went right to 70.49. Ah but at the end of the day not bad. Buy this Monster on any good dip. Look at ICPT today long that too.
I love it when I am right; up she goes but listen I am not some dilettante hv 25 years on the AMEX as a Specialist wight my own seat in stocks and options with 2 BD's for trading around the floor. Oh I forgot to mention I bot a few shares of NFLX at 334 and added to it long at 410. Mark Cuban bot 50k of NFLX at about 345. I only give advice when I own the stocks.ICPT goes to 500.
I agree this stock is going to have announcements in mid June and it will jump up huge. The problem is we are dealing with people who do not do their D&D and have no reading comprehension read what is coming buy on any dip. The crazy train will stay on the tracks a RARE is on the same path long both. Former specialist AMEX stks and Options with my own seat bot some ICPT today and RARE yesterday.
spell check 'you are' or 'you're' 'ignant' Maroon.. They have a basic book called grammar and learn to spell. Keep posting we laugh all day.
Dood when they had the Secondary at 54 which I thought they would do at $50 I knew there was demand and then they bought the Green Shoe extra the extra shares and it broke 54 to 51 I said load up the boat. I even added at $80.40.
Rare was the only strong stock today Friday; I guess that JMP presentation on the 24th went well.
I was in this at 49 and saw the secondary priced at 54 a little high. I thought but then the listing brokerage who did the deal bought the green shoe additional shares and it dipped to 51 and I bought some more. They never put in a stabilizing bid at 54 to support the offering. My last purchase was at 80.40. They are gong to get approval in Europe hold on for the ride.
This stock is owned by institutions and it is tightly held and not for sale. It is all retail buying in small lots look at the volume no size for sale. Do not sell.
I feel this company is just getting started as they are adding people to their administration and they have a few more therapies in their pipeline. Their solutions are proving to be non invasive with little to no adverse reactions so the FDA is behind them. Europe approval will be huge.Their targets are small in the number of people who are suffering these afflictions be patient it could rise in price to ICPT before anything happens.
You will eat your words as a sell when the syndicate takes out the Green Shoe extra shares like they did at 54.They are preparing to use the $ for go commercial. I shall buy on this dip. Look at what CELG just bought at 232 accompany which sold at 35.
There is no quiet period for a secondary offering; they can sell anytime but they will not it was a steal and the green shoe with it. I never went down to 120 get over it this goes much higher.
The cost to borrow this stock to go short is huge and the higher it goes the more pain. FIT goes much higher.