The potential for the needed drug to get approved ti very high.
SRPT was $68 at one point..
I really believe that when gets approved, price will be at $80 level or so.
DIA almost all time high
SPY almost all time high
Nasdaq needs to catch up. NEEDS? since the stocks in other sectors went up too far too fast lately like ERX, money now moving to the oversold nasdaq sectors.
They did a great job of getting rid of retail investors to steal shares..very sad!!
After they stole shares , they drive them back up..we can see they are working hard to bring nasdaq to ma-50..and above after a few good earnings like FB AAPL. TSLA and biotech stocks etc.
Holding strong on good stocks always difficult during a correction (manipulation) but at the end of the day fundamental determines stock prices..
Watch FAS SOXL TQQQ
BIDU is at MA-50 right now. Next is $170,,,Above this before earning will be very bullish.
They try to bring nasdaq to ma-50 to catch up with SPY DIA.. DIA almost at all time high.
Many good growth stocks are still way oversold and undervalued. BIDU is one of them. FB YY VIPS QIHU VNET WUBA WBAI GOMO SSYS DDD FEYE SCTY, etc to just name some..KWEB. SINA
DDD dropped 50% of gains in not many weeks and dropped from $82.85 not long ago. Still a long way to recoup.
For TA watchers, Above $55 then it is very bullish on weekly chart, a morning star candle, the most bullish reversal candles.
Congratulation and good luck. I am happy to see your excitement.
Consolidation around Ma-50 then will go above back to all time high.
At the end of the day fundamental determines stock prices. YY is way undervalued. Using Z valuation, YY should be a $2400 stock.
yes, pigs go both ways, up and down.
Sorts made many believe that DDD SSYS XONE TSLA, etc will be out of business tomorrow.
They use valuation as a weapon. I posted yesterday comparing Z and DDD. DDD is at least 10 times cheaper. Using valuation is a huge flaw..
I just can not stand the name MOMENTUM stocks...They are good growth with great potential so they go up.
See they manipulated people to buy slow growth IBM MSFT..they always ahead of investors, they got in DDD SSYS TSLA FEYE VIPS YY, etc while hard working investors panicking dumping good stocks.
Bloomberg said that they did a poll and 75% people or so are afraid of buying stocks..interesting ..
people on CNBC and the media are so dangerous. They can jump in and out in a blink of an eye.
Newbies are the ones who got hurt.
Look at the posters on this small MB. a couple are abusers like SALUT to name one, who follow me like a tail to get an idea or two then turned around to call me name. They are not even MAN. We are talking about just a tiny VIPS MB. They get pleasure out of woman who works hard to share ideas. I never say i am good or anything...These people need help because they are bad for our society.
Reagarding the market.
BIB coming back with all the acqusitions
VIPS...Ascending traingle break out and atching for $162.5
TSLA up over $8. Even the very weak 3S sector showing strength like DDD SSYS XONE
YY also broke out today.
BIDU working on the ma-50
They ill bring nasdaq above ma-50 to catch up with SPY DIA
GOOGL in green now after eak earning..good sign
FB looking good to go higher
FEYE also in good green...
these so called momentum stocks tell us we are going up..so far YTD SPY only up over 1% after 4 months, no big deal, no bubble..
take care and thank you for fighting back the WOMAN ABUSERS...You are a MAN! good MAN.
I mentioned VIPS and YY months ago.
VIPS is the AMZN of china like AMZN 10 years ago. unbelievable growth. I think BIDU wipp buy or take some parts of VIPS to compete with Alibaba. Robin Li , the CEO of BIDU already said E-commerce is where the best growth is. More middle class can afford to buy products. VIPS now offer coupons for cars, yes, cars, and they sold out in a few days..also expand to baby products.
YY is the 1 of the top 5 stocks with best fundamentals per Zacks. out of 2000 stocks? too many traded.
VIPS and YY are also so undervalued..talking about cheap stocks.. buy on dips and hold them...
They said that SINA down today because of the ponopraphy crack down. Then how come WB is up? does not make sense at all...
It is about time because IRA accounts usually are in mutual funds. these funds have rules and most of them can not short stocks. they have turn over rules, etc.
The trading firms, hedfunds are free to do whatever. theye connect with SA, etc write article to scare investors..they also have tools to see stop losses, etc to steal shares and manipulate the prices. I love to see them get caught and stay in jail where they belong...