You cannot compare GERN to INCY! GERN has one drug for MF which is not even approved yet! INCY has a drug approved for MF and is now going for approval on other cancers including pancreatic plus has a late stage drug with Lilly for RA! GERN has a drug that may be approved some day, INCY has a late stage pipeline that's going to be worth billions annually! I am not bashing here I am long both but you have got to get your expectations down to earth!
Vaseline was concerned @ $17, then $23, then $35, and he is still concerned @ $46! Just keep moving the goal post! I'm long since $7 and added more @ $13 and I'm not backing away! This company is spending tons in R&D and for me that tells me it's going up up and up! They are spending now and will get rewarded later!
You are probably on the sidelines when INCY hit $50 last wk too would be my guess! Can't make any money on sidelines!
SNY scraps it's late stage 3 JAK drug due to complications. Now there is only INCY-Approved, GERN, CTIC.....SNY drug was the closest to approval. BYE BYE....INCY up $10 in a WEEK!
There is only Gern and CTIC! CTIC just got help from Baxter for bringing theirs to market. Whatever happens INCY is going much higher! You can tell by how much money they are spending in R&D! They will be a much larger company soon if they are not bought! I WOULD SAY $15 TO $20 BIL MC in 3 to 5 yrs! IMHO!
Maddison is always right! He may be early at times but his predictions always come true! Now you on the other hand not so much!
Just wait til the RA drug is approved! There is nothing better than to sit back and collect 20% royalty worldwide from Lilly! $$$$$$$$$$$$$$$$$$$$$
From my view point they both great stocks but INCY is a beast and that goes without saying! Not going to bash either stock because if you have either you are happy and if you have both you da man! I will say if either isn't bought out in the next 18 months for $70+ then it will probably take a $100 to even get them to answer the phone and talk to you!
Cooked or not cooked INCY is heading higher and not just because of their one drug approved for one disease but because it probably will be approved for more plus their other drugs that are getting late in the pipe as well! GERN has one shot because they have given up on everything else!