BIIB up 1.5x% what GILD is today.
PBYI up about 7x% what GILD is today.
the post WAS for buy low sell high types.
First of all, I've owned GILD since 2003, and it's made me a hell of a lot money.
My "angle" is simply to share information.
I also think that GILD's market cap will greatly limit it's upside (unlike the last 12 years). Absent a new potential blockbuster drug, I don;t see it getting above $120- $122.
Is PBYI a buy? I have no idea, but I'm watching.
Do I think that BIIB will make 15% before GILD does? I sure do.
There will be no split.
For the last decade+ GILD has split when the stock price proved it could hold $80. Why not this time? Answer: because there are an insufficient number of shares to do a 2x1
There will be no split until there is a shareholder vote to increase the number of treasury shares
The bottom fell out of PBYI the last two days: down 25% in 2 days and down 40% from the late March high. The issue is when will the bleeding stop. The issue is apparently some bad side effects on what otherwise seems to be an effective breast cancer drug.
BIIB is down about 15%, and IMO is certainly less risky than PBYI.
Do your own DD.
but stan .... I remember that you said that 107.50 was the absolute top for the rest of the year and that it would be headed straight to $90 (three weeks ago ...
to bad you forgot to mention that stupid, stan . lol lol
But stan, just a few weeks ago you said that it would NEVER go above 107.50.
What happened to that call?
EVERY other time it#$%$ the upper bollinger band over the last 9 months it's reversed within a few days. WHY is this time going to be different...
and please don;t tell me that it's because your gut says so