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Incyte Corporation (INCY)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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135.7400+3.0200 (+2.2755%)
At close: 4:00PM EDT

135.7129 -0.03 (-0.02%)
After hours: 4:15PM EDT

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  • lower now than on the news of bari , new trial.....
    5% already off high of day

    looking for the selling to go right into earnings
  • I'd like to discourage people who want sensible discussions from posting animated GIFs. Yeah, I posted Hannibal Lecter when yellow called me a psychopath, but I wouldn't do it again (and c'mon, WHAT an invitation).
  • There's little similarity between the principle behind the just-failed AstraZeneca trial (combine an immune enhancer with a targeted therapy drug) and the principle behind the advanced epac trials (combine an immune enhancer with a booster of its action). Some small in-house trials may be more similar [one reason I don't sell my impressions is that all of those are too hard to keep up with].

    But to add specifics to my comment on the start of the ita p3: no move of INCY that stays within the 127-137 range needs an explanation.
  • I don't have the EULAR posters and I get lost trying to find them. Supposedly, they give a little more color on thromboembolytic events than was summarized yesterday. Anyone have something to share?
  • Wow. This is exactly what I'm talking about. INCY hasn't hit avg volume since June 23 and since then it's hovered at around 1/2 volume. Today it hasn't even broken 1/2 volume. And yet here we have the same old pump squad prancing around like they just got an email from a Nigerian prince telling them they inherited a million bucks if they only pay the inheritance claims fee. LOL.

    What you should be aware of by now is that INCY has lots of volatility. Want proof? It's approaching $140 today on totally zero news. Price rises on no news or developments are worthless. The fact is that INCY is the same, nothing has changed. If no one was going to buyout INCY at $150 in Mar when everyone expected NDA to be a done deal, then definitely no one is interested in buying out INCY while everyone thinks the NDA is in jeopardy so many month later.

    And of course INCY's grotesque P/E hasn't changed for the better. No real value has been added but yet the price increased on half volume days since June. Hmmmmm.... is that worth all the celebration, pump squad? Really?
  • even great news like the bmy debacle is not helping incyte
  • curse of maddi , just wait it is just the being
  • News not bad at all. Lilly should not wait and make it happen before FDA approval. I bought back my position this morning. Should see $145 by August.
  • As my dad would say, this price is up and down like a bride's night gown.
  • Tomorrow will be more interesting than today. I see one PT lowering today by Credit Suisse. I presume that there will be more to come. Things to watch for are more lowered PT's or DOWNGRADES. Things happening with in the senate healthcare debate. Lastly, and least important is Gilead earnings. Why, well if they are good then, who says they NEED to buy anyone, if they are bad, who says they will go after a target like Incyte? Personally, I think it is a mute point. Was hoping for a better recovery today, but did also noticed that big selling wall around the 10.30 time frame. I would like to believe it was by the senate going to vote but really, who knows.
  • Ouch! That's volatility for you. Easy come...
  • Is GILD looming???
  • First time poster (actually responded with this to a different thread but realized it may just be buried) I see a lot of nonsense here,which I won't waste my time on.
    Merrill has lowered the PO from $149 to 147.
    Here's an excerpt from today's RR on their valuation. Take from it what you will:

    Based on the delayed resubmission in RA, we move our estimates of FDA approval in RA to
    2019 and lower our peak penetration to 10% due to changing competitive landscape.
    Phase 2 data in atopic dermatitis is expected by end of year and lupus by late this
    year/early next year. Initiation of Phase 3 in psoriatic arthritis is now expected in 2018
    pending FDA feedback in RA. While we wait for proof of concept data in these indications,
    we push out our estimates in psoriatic arthritis, atopic dermatitis, and lupus. These
    changes reduce baricitinib to $14/share from $22/share in our probability-adjusted NPV
    analysis. With an updated time of valuation, we reduce our PO to $147 from $149.

    Our PO of $147 is derived from a probability-adjusted NPV analysis including $43/share
    for Jakafi (called Jakavi ex-US) in MF and PV, $2 for Jakafi in GVHD, $56/share for
    epacadostat (IDO inhibitor), $14/share for baricitinib (called Olumiant ex-US), $1/share
    for Iclusig and $28/share for the early pipeline. We also include approx. $2/share for net
    cash. We use a 10% WACC and no terminal value.
  • vrtx and gild both hitting home runs on earnings.... Tommy you might need to bring Vaseline out of retirement tomorrow....With also the momentum for Bio now I look for us to grab their apron strings into earnings next week.... Would not be surprised to see $140+ by early next week... Yes Tommy this is a prediction not a promise.....
  • Program's kicked in on the sell side with Bios...profit taking all well computer orchestrated.
  • all remember the curse of maddi
  • ok what should we talk about today.......JAcosa said the worst was NOT knowing...well it is going to turn out that is wrong!

    2Billion in sales is the hype for bari, yet with a full quarter, they manage wow, 5 million....that is a long road

    also it is a long road to approval in the us......what 11 years ......to get to approval, incyte just should have sold full rights years ago
  • Baricitinib was also approved in Kuwait and Switzerland in June 2017 and approved in Japan in July 2017
  • anyone see Tommy terrific.... let's look at how wrong he is in predictions...sub $130 last Friday.....Biogen, Amgen report tomorrow, Gilead on Wednesday and Alexion and Celgene on Thursday.... I am sure there are others, but I am watching these.. If they report positively we will continue going higher... and then INCY reports next Tuesday.... Would like to see total revenue at $342 million...... fingers crossed...
  • Watching Level II...lots of buying and support at these levels. Cut through the 100 trades tossed back and fourth...someone is buying in bulk. Interesting.