If you like the stocks Baker's are buying and want to pay less than their purchase check out AQXP. JNJ and PFE both sold their shares at a much higher price while the Baker's have been adding. Look at insider trades and buy for 1/2 the price. Get out with profits or ???.
PFE and JNJ both sold out of this stock. Baker Bros keep buying and losing money. They paid $15.50-10.00-9.00-8.00-7.00 and now it's in the six dollar range. They may have made some money on ANAC but lost on several other bio stocks. They bought SGEN in the mid 40's but also own some lower. That one may be okay but they have sold out of several losers. Win some, lose some so best to day trade and take profits because as you can see with this stock; it's all a big gamble.
PE is still high at 36. I'd wait for another pullback after Barron's said earnings are decreasing in their latest article.
Be careful; it is running up too fast. Same thing happened to GERN in April. I loaded the boat and sold quickly and it is now lower than I paid. There's always a pump on certain bio's so buy and DO NOT HOLD. Take your profits.
EXEL has gone up 5-7% in the last few days. I loaded the boat but will not hold long. They have been around for years but fell off the cliff. Now a new pump on them but day trade only. Probably a crock like the rest of bio.
It's the investor that needs to wake up. They sport a negative EPS which means they are not making money. That showed up on their last earnings report plus Ippolito is given shares and selling the same day for a million and a half dollars profit (insider info Jan. 19th). A repeat performance in Feb. and Mar. gave him even more money. I have no problem with bonus money for performance but milking the company on the backs of shareholders is way out there.
Dreaming, smoking, and in denial. Oh PaLease-$100.00? You will be very lucky to ever see $50.00 again. The day traders won't allow it. Too many are playing the game. Just today alone could have netted you a quick one.
Baker's bought at 28 an 29 in Feb. How do you think they got it so cheap? Because they control the price of this stock. They unload on occasion for huge profits then REPEAT. Wake up.
Davidson has been doing the same thing with BLUE and it hit a 52 week low today. The insiders are the only winners on these bio stocks unless you day trade them. How can anyone argue with that statement? Those are the facts in black and white. Just go to insider trading and all the bio stocks read the same.