ISIS is prime for a short squeeze. As all of the BIOtechs get sold off ISIS is not for the faint of heart. But we make the most money when the street runs with blood. Just be careful on margin if your trying to catch the knife. You don't want to be the one bleed dry. Long term ISIS is solid, and now it's a STRONG BUY. That doesn't mean it can't go lower. Sell the pops, buy the dips, keep your long term shares Long. I wouldn't believe in February we'd see the mid to low $30 ever again.
Sentiment: Strong Buy
ISIS still has to "prove" it's self. The Pipeline keeps expanding, they have trial studies coming out this year, and they are positioned to create 3-5 new drugs a year.
It's under valued compared to it's competitors. Their next drug Custirsen (I believe) should be giving out data results and potentially bring another ISIS drug to the market place which will further validate the platform. From there all that's left is growth. This is 2014 product, 2015 and beyond should get better and better.
Already back up to $37.70's - We'll see where it end the day. Maybe Jim's "Wait until it dives and then bounces right back signal" is pending... either way the charts don't lie, the phase studies are good, and long term ISIS is a monster BUY.
Now is the time to buy and leave room to scale down to $30 - and then wait for a bounce.
$30 is around the 6 month low.
ISIS is being thrown out with the rest of the BIO Techs and NASDAQ, so for the LONG TERM investor the streets are running with blood. Go make a couple bucks buying what we know is a quality company.
If you listened to the false profits on this board about Vical you'd have ended up with one of the worst preforming stocks of 2013, http://www.thestreet.com/story/12152588/1/your-vote-counts-who-is-the-worst-biotech-ceo-of-2013.html?puc=yahoo&cm_ven=YAHOO
If you listened to those who've been following ISIS you'd have shared in profit taken that far exceeded expectations for the year.
Do your due diligence! Longs stay long. Shorts, thank you for the multiple buying opportunities. Numbers never lie - they just fail to tell the whole story. 2014 my not see another 300% gain - but at this point it's possible for many to pull out their initial investment and ride the rest. I'll take my chances on ISIS.
You do You
Looking back I feel foolish for being so timid, but wanted to hold back in case it feel to $28/$27 range.
Hope everyone stayed long! Government shut down was good for something :)
WoW! What a Pop! I have my LONG shares that are always going to be there, so what have have from that sharp decline down I sold 3/5th today. Going to ride the rest. Your never wrong to take a proffit.
Since last year I've said "I wouldn't short ISIS" & this is why!
Longs Stay long, there is plenty more to come. They days of getting into this stock on the cheap are gone. And at these levels, long term, it's still cheap.
There have been a lot of catalyst to drive the stock beyond where anyone thought it would be at the beginning of the year. Now the analysts seem to think the stock is headed to $42 and... I agree?
ISIS remains a strong LONG TERM buy but this stock is not for the faint of heart short term. As I've said for months, I wouldn't short. If you insist on doing so, buy PUTS. If you started buying a month ago when I said start pyramiding into the dip when it dropped to the $28-$30 range, and you managed to do so without panic holding down to the $23's, how good does that feel right now :)
I'm able to ride out the roller coaster a bit longer, but you're NEVER WRONG TO TAKE A PROFITT!!! Take some off and ride the rest, enjoy your self. That's what the game is all about. The stock could touch $30 before it breaks up again after that monster run yesterday.
Longs Stay Long :) Who knows what surprises are around the corner.
Shorts, you had your month. Good for you. Hope you covered, ISIS has been a RISKY short all year. You called for shares to creator how many times? Finally that 1/3 price drop... say it enough times it's bound to be true. As those who frequent the form know from other notorious posters.
What institutional owner, who could instantly flash crash a stock, sell their shares all at once?
Why would they publicly ANNOUNCE the sale?
How do you expect to know anything of worth after just a few days?
Someone on another forum mentioned this stock so I thought I'd look into it. And it's interesting. Now could be a good buying opportunity for the long term. If it does drop in to the 0.20's then a long term investor may be wise to purchase more. As a TRADE and not an investment it could swing either way.
I'll be leaving this alone as a trade Spec. For the long term investor this could be a good time to buy the stock on sale. I don't know the Company well enough to consider it a Long Term investment so I'm passing on RNN at the moment. I've been Very happy with the companies I've chosen, ISIS and SGMO, over the years and RNN seems interesting so hope it works out for those Long.
Good Luck to the traders. As always You do You.
I have said for... almost a year now on this forum, I wouldn't short ISIS. I am long. However I thought $27's was a solid standing ground, $25 at the most. $23's? When so many other Bio's have climbed higher with less potential?
IDK. I'm not short, I'm confused.
$34 - My mistake, again... The point is the same. Also they issued a press release with more coming out next week so I was right about it being odd everything was so quite.
Either case, the rest stands.
I've been watching this develop from afar and seeing ISIS drop From $36 to $30 wasn't so surprising. From $30 to the $23's with so much going on while others BIOs cost so much more... When it dropped in to the $25 there became a real chance that now it could see $19... While I doubt that I don't like the low volume. I still wouldn't Short ISIS, just Buy PUTS, but I was wrong when I started to scale in at $30. ISIS continues to be a long term BUY so I will continue to HOLD! it will just take longer.
It's my turn to congratulate the Shorts. I saw XBI dropped almost 5% one day and ISIS is one of there top 10 holdings, but it seems for now something interesting is happening. It's been a little to quiet.
As always you do you. Hang in there longs, it's not about right now, it's about 5 years from now.
Sentiment: Strong Buy
I wouldn't short ISIS. At most I'd buy some put to guarantee the maximum amount of possible loss. Very curious what happens if it breaks $30 this week.
Bought some SGMO myself
Still like ISIS as the best of breed long term play, was just time to take a profit after the run up. With it going back and forth in this price range either way it breaks I'd like to have a piece. Up I'll make a little. Down, good long term I don't mind holding and nice return on the traders playing around.
As always You do You. No one is ever wrong when they take/make a profit.
It wasn't this guy, was waiting to see where it would trend. Stock recovered quickly... above $29. Lot's of trading. If you're a long term investor looking to add to your position, this looks like a bunch of traders gambling money. A nice dip to scale into and then take some more profit at the top. All year this has happened. Would think the game would get old by now.
If anyone is SHORT, and I've said several times this is a stock I'd only BUY PUTS if I wanted to do so, then I would hope they would cover if it broke $30/$31 or if they caught it in the $30's started to taper off here...
They can gamble however they wish. I just wouldn't do it.
I agree but it could go lower. So far it has tested the 28's three separate days but hasn't closed there. It's interesting to watch.
Isis has dropped over 15% from the 52 week HIGH and fallen into a pattern - Drop from the HIGH, take profit, bounce above after. This usually happens before/during the week options expire. It could be a good time to start buying slowly into the dip down. Again this morning it dropped into the mid $28's and bounced into the mid $29's. this has happened a few times now. I've added a bit to my position due to this movement. The "smart analyst" who lowered his rating ALSO raised his price target, substantially, found that very interesting. Regardless ISIS remains a strong LONG TERM buy. You can also play this selling some LOW ($25, $20, $17) Jan 14 puts...
As always, You do You