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My Layperson's 2 Cents...1. We learned today that Ozanimod had no surprises and it works. When the actual data come out for MS we will find out exactly how well it works (along with it's safety profile). THAT's when the stock can jump as ANALysts can crunch numbers with more confidence. 2. We have many catalysts in next 18 months in many different areas. 3. We are starting to hear more people, talk more often, about 2020 guidance being increased (when not if)! 3a. We all know that management has 2020 guidance increases already preplanned based on expected results. 4. The Biotech Sector has had no love for over 2.5 years. The IBB weekly chart shows a real nice base range of 245 to 300 and is poised for a breakout. 5. Celgene is consistently mentioned as 'best in class' in the ANALyst community. 6. My single biggest concern would be if Wrong Way Flynn ever went bullish! I'm tellin ya, I'm starting to get that 'warm and fuzzy feeling'!!! |
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