Based on trading from the past few sessions, it's possible INSY could make a big move up this coming week (like we saw Friday with the cancer drug stock AGIO).
This article is very positive and very timely.....thanks for the great find!.....I can't understand why it's not linked to Yahoo finance like most Motley Fool articles.
If "creepy" stories are defined as those where insiders are buying huge amounts of stock, and the chart has just broken major resistance, trending higher with high volume, then I'm all for creepy.
And did I mention INSY is very profitable?
You may also want to make note of the fact that GWPH's chart broke down with a quadruple bottom breakdown last week (on Thurs.).
Again, I'm not saying to sell GWPH if you believe the story, but I follow charts....If GWPH should break below $82, it could head right for around $70.....And no, I'm not short and wouldn't short a biotech anyway.
Unbelievable....I was short ATHL up to Friday morning, and covered when it rose above a small prior resistance. It still wasn't in an uptrend as of Friday, but I didn't like the way it came back......Thank God!
LOL......It's a freakin' camera for crying out loud, not a cure for all diseases. Who will be the last one holding the bag? No, I'm not short GRPO, I don't short freight trains......but trust me, this will not go parabolic much longer without a $5-$7 break at least.
I wouldn't dismiss the power of the technicals if I were you. INSY pulled back a little today, but GWPH is in the process of breaking down. $70 is possible within a couple of weeks.
As if the street didn't know....This stock is down over 42% since July, counting the move here in after hours. Now's the time to buy, not sell. This is my first WPRT long in AH, and I'm buying all I can....We'll see you back over $10 by the end of the day tomorrow or by Friday.
Although the desks are closed now, most brokers don't have shares to borrow to short, so you have to pay a nominal fee to borrow the shares, then it's a non marginal security, and then you have to hope the stock goes down after the irrational exuberance disappears.
That said, tomorrow might be the day to go short if you can find the shares.
Hard to figure why BITA isn't particpating in the market rally today, probably just trying to form a base here.
This downgrade from one of the boutique analysts is really weighing on the stock. Yes, it was a bit overbought as of Friday, but I'm wondering if competition, or the scare is more hype than reality regarding future revenue for Tekmira. We'll see....
Good luck longs....I think you'll need it.
The Fed has stopped the normal business cycle for too long, and giddy euphoric investors need to have their expectations brought down to earth. A recession can do exactly that, and will offer a huge buying opportunity when the recession is almost over. In that spirit, 1600-1700 on the S&P might be reasonable.