Something is very wrong with this game!!!!
SORRY I COULD NOT HELP! I tried to convey what i saw in my TA. Didn't know the reason for the drop at that time. Looks to me we have a way down to go. GLTA
You're the man!! And i agree must be a lot of clowns and know nothings left for dead. I just saw a huge wedge on the AGIO chart. Maybe it was to many glasses of wine? If i am wrong i will pay the piper. Sorry i posted.
I agree AGIO is strong as bull just look at the RSI on the weekly chart. The rsi has remained about 70 and in the 80's for the last three months. I don't see year end profit taking being a factor since everyone's tax picture is different. Holding periods and long term capital gains always a factor with most of Agio gain coming in the last 3 months. No one knows when CELG makes an offer. AGIO trails are still in early stages so big pharma might want to wait a little longer to see more of what is under the hood. Or they could continue to add to their ownership interest and Agio would be another REGN. Now $427 a share would not be to shabby but it took some time to get there.
I know the SPX is going to 2130 shortly ..insiders are buying... up from secondary offering...but i believe we will see agio top in the 130's and then a sizable sell off. A giant wedge has formed and unless AGIO can defy gravity it will be falling back to at least 90 or lower. If i am wrong i will be taking a loss on put options i purchased late friday. A pullback in AGio now might be healthy in the long term. Remember no stock goes up in a straight line.
I didn't look into if these were planned sales. If they are then it is acceptable since the individuals don't control.
Mitchell H. Finer sold 18000 shares on December 1 2014. David davidson sold 3000 share on December 3 2014 and Nick Leschly sold 2417 shares on December 1 2014. I would not expect any GOOD new coming from the ASH presentation if these management clowns sell their companies stock the week of the presentation. What BALLS!
Been looking at Dec option activity the last few days. Looks like someone big is trying to protect themselves from a fall. For example activity in the money Dec 30's shows vol of 550 and open interest is only 207. If BLUE plunges they are protected to $30. The slow movement in Blue the last few days was expected but it appear to be running in tandem with the movement in ACHN. Maybe the same robot is trading both of them.
Thanks for your reply. Glad to hear we are both on the same side of the trade. I'm long at $39. Hoping ASH pushes the PPS over $45.
Thanks for the link. I noticed your Yahoo account was created today 12/1/2014 and only the only 2 posts were made to this board. Did you just get interested in BLUE or have you been following it for awhile? Your news on the analysts conference was a find.
Maybe you can help me understand the necessity of the investor conference by management on December 10th to explain all the updated data. Will they be trying to spin the news from Dec 8 at ASH. If news is as you are stating above why would you need another dog and pony show 2 days later.
ASH throws the #1 party everyone joins and puts their best threads on in order to get all the attention. Blue is saying we are going to give our our own party two days later and then wear our best threads That would be updates and new data. Who the hell two days later. Bird brain management or genius move? I say fall in line and join the BIG ASH party and put your best forward then. See ASH announcement on BLUE's website
What is also upsetting is how they are handling ASH presentation. Their presentations are on Dec 8th and yet they are hosting an investor conference on DEC 10th FROM BLUE WEBSITE "to review data presented at ASH including new data since the submission of the abstracts" Why would they try to over ride their ASH presentation 2 days later? They know what the new data is so why not present it at ASH? Something does not smell right here and now that I see the insiders stock sales I am very concerned. I am long but probably will sell.
announcement at the post ASH conference scheduled on December 10th. Thinking about it, what company would update their ASH presentation just 2 days later with new data which they knew about when they gave the ASH presentation. It doesn't make sense!!! Hopefully management is not brain dead?
Management make believe news releases. Nothing concrete just fluff. Option crooks playing everyone to their benefit and a legion of investors who don't have a clue except hoping for pie in the sky takeover bids. This message board is so bad i have put myself on ignore.....By the way ARWR got its stock price cut in half when news was released on its drug.
I am looking forward to the price you are boasting. I will be very happy to load up anywhere in the $26 area. Once the robots have covered the large short position NLNK will move much higher. I am not excited about ebola news but I believe the Genetech/Rocke partnership will prove to be reason for the higher stock price within the next year.
Sentiment: Strong Buy