Love you teck analysis. I was bearish on cemp at the bottom and it was a mistake. I now am 1000% bullish. We have a major H&S bottom working for us right now. The breakout is above $34-35. The upside target i see is minimum $47. I also feel that some Big News event will occur to blast us beyond the breakout point. The news could be a partnership, buyout, or good news on the drug approval front. Whatever it is i have a very bullish position in the stock GLTA.. Happy holidays!
Is CELG possible suffering a cash crunch. That's a whole lot of short term financing they just signed up for. Maybe the 8.5 billion purchase of RCPT is hurting now especially with no off setting earnings increment. Bet they don't want interest rates to rise. Think there is a negative surprise coming soon.
Sorry to say CEMP still has a ways to go to the down side. You are to soon could see BELOW the TEENS.
I hope I saved someone who read my original post on October 2 a lot of their capital. Selling at that time would have prevented a HUGE loss. I now continue to see a lower stock price for CEMP. I believe it could get down below the teens and it has a small shot at single digits. GLTA
An Early follow up, the plunge is on course. And to all those name callers a karen carpenter song title WE ONLY JUST BEGUN! Hope I have helped someone save some capital. GLTA
in price before the down in Bios is over. The T/A i am looking at suggest that a big move down is coming. I know i will get a lot of thumbs down but look at my posts on BLUE and XON message boards about price declines and then give your positions a little thought. I am just trying to help those to need to preserve capital a heads up. I do wish all Good luck in their trading.
I am sorry for being 2 weeks behind in my analyst but I hope I helped some of you to save your capital. I wish you all the best trading. It has become really tough trying to call the twists and turns.
I mentioned an estimate for cash previously at 85 mill . I figured cash and cash investment at 9/30/2015 would be approx 96 mill and i subtracted about 10/11 mill in current liabilities. ARWR does not have enough net cash to get it past the first quarter of 2016. You all know you have to front run your cash needs especially in a upstart no drug bio. GLTA
85 million. Company will be making an announcement probably after the next conference. Just my guessimate. Maybe they can get the stock price into double digits.
ARWR will be seeing $6.00 -$6.50 shortly. This company is a complete PR failure. The companies management has lost control of its future by letting outside hedgies and others dictate the stock price.Even ABUS did better today in price rise than ARWR on ARWRs announcement. What will the price of the next secondary be priced at especially with bio"s out of favor? Good luck to all of you who still believe in this dream. I hope it does not turn into a nightmare.
The shorts used today with management giving them the ammo to SCREW both the bulls and the bears. Why does management let the world know when they have news. Why don't they do like every other bio and announce it as required. ARE they part of the problem with the shorties????
From a T/A side there was a nice breakout by ARWR today. It is currently pulling back to fill the gap left on the open. Once the consolidation is finished with heavy volume within a couple of days if not sooner ARWR will move higher. I realize that the shorts have played with this stock for many months but that is about to end . I bought this AM and expect to see good profit on my position. GLTA
Sentiment: Strong Buy
three reasons 1) markets could sell off sharply below SPX 1820. 2) IBB index setting up to revisit the low set on 8/24 at 284. 3) the 5 billion market cap and not having a drug past phase II will weight heavily on XON stock. other CAR T stocks KITE JUNO and BLUE have all been taken to the woodshed and XON after secondary has not been taken lower.
Another con job by Kramer. Underwriters probably needed someone to pump the stock price after the secondary and Cramer is pretty good at getting the lemming to buy. This 8+ minutes of video pump might do more harm than good since the IBB BIO index is about to swoon again big time and XON will follow sooner or later. GLTA.