Is this a first mention of ACAD by Cramer?
The Next Big Ideas
Investors looking for the next big investment ideas should look no further than the Russell 2000 small-cap index, Cramer told viewers. They'll find that over half of this year's biggest movers are biotechs, stocks that Cramer has championed for many years.
He said that biotechs are the quintessential anti-Washington stocks because they can prosper whether the government is open or closed.
Among the names that caught Cramer's attention were Acadia Pharmaceuticals(ACAD_), Celldex Threapeutics(CLDX_), Insys Threapeutics(INSY_), Keryx Biopharmaceuticals(KERX_), Clovis Oncology(CLVS_), Isis Pharmaceuticals(ISIS_) and NPS Pharmaceuticals(NPSP_).
Cramer said all of these names are smaller, more speculative investments, but all have the potential to become the next Celgene(CELG_) or Gilead Sciences(GILD_) and can make investors just as much money, even though they're already up huge for the year.
So that's where the 38.15 closing bid came from in AH. I'll have to watch the 11:00 version of Cramer.
Own CLDX and ACAD. Been paring off shares on the way up to not be greedy dammit!
BMRN and HALO too, and smaller amounts of IMMU, IMGN, CERS, ACRX
bought some crushed ACHN as an experiment today
Since it happened on 9/30, we'll see which side of this they took