One question for long term holders, in the last 20 years the company kept losing money, how has it managed to stay in business?
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If we are to go off the RSI then you could argue that a pull back next day or so could occur on NBIX before rallying up. Ive been struggling with this stock lately. Some of my other trades have been from awe.some*sto-cks which are working out pretty well.
This is going too far. The market is already showing signs of indigestion with our recent drug approval. Now you throw another drug approval application into the mix. There's going to be an explosion here.
Who could possibly have predicted all these drug applications and approvals? What kind of in-depth research would have been required to discover these assets?
I could be wrong here but it's starting to look like the market has discovered we had a drug approval recently!
11 years later and now we're just $10 below our pps back then. What a trip?
@Noellus. Possibly, however as M&A gets boost from Kite buyout, possibly NBIX could be a target. & their pipeline is probably what really interests suitors