here it is. new scrips for tecfidera were down 4% for the week ending 2/28. who knows if any of this stuff is true. Deutsche bank said revenue for tecfidera for the qtr tracking higher than estimates.
note out from Deutsche Bank that says tecfidera tracking higher than estimates. a note from Leering (?) says something else. Seems the note is not that positive even though I don't understand what they are saying. of course the mkt takes the negative view.
this company always seems to be facing headwinds, not only pricing and demand issues, but often, geographical issues because of the areas of the world where their mines are located. it is very apparent that many things need to go right in order for FCX to make a sustained move higher. today's news is just another example.
talking heads have no idea what happened today. so far what happened today has not been posted online anywhere. news will come out later.
china says that in order to reduce the horrendous air pollution, the government will be reducing capacity in the steel and cement industries. I would take that as a positive that would help support prices.
you might be waiting a very long time. take a look at the chart. this stock has been in a downtrend for a very long time. no reason for that to change now.
the chart is not so hard to get. why would I have to claim that I have a chart? anyone can by looking it up. time to invest is now? not so sure big boy.
at a 10 year chart. you will see that this is a highly cyclical stock that has had 2 boom times, but other than that, has been a poor investment if your timing was wrong.
it's unreal how wall street hates this stock. however, being a contrarian, you know what they say when everyone goes one way. wouldn't surprise me too much if stock trades higher today.
listen to me novice-he's no novice as he is right on the money with his answer. whoever you are me-novice, you are quite a smart fella for a beginner.
they did just fine. the reason is that the market is running up against resistance here and this has been happening lately. people are careful here and biotechs have had a big run. the winners get sold off as people want to lock in gains.