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Biotech continues to drop; GILD on sale
Posted on 9/28/15 at 10:32 am
Posted on 9/28/15 at 10:32 am
Investors still scared after Hillary Clinton's tweet. GILD is a strong company and a great mid-long term play IMO.
LINK
LINK
Posted on 9/28/15 at 12:19 pm to Delacroix
I agree. I still see GILD as a good long term hold. It's just in a sector that's under populist attack right now, thanks to the greasy buzzard, Martin Shkreli, that runs Turing Pharma. Valeant Pharmaceuticals is also taking a massive hit as I type.
Posted on 9/28/15 at 1:21 pm to Delacroix
Trading at 10x TTM P/E I would hold off until the dust settles. The entire sector has been getting hammered and the entire market looks shaky recently.
Posted on 9/28/15 at 1:32 pm to Delacroix
I hope lsutraderman weighs in.
BLUE has lost nearly half its value since he was pumping it.
BLUE has lost nearly half its value since he was pumping it.
Posted on 9/28/15 at 3:35 pm to TigerDeBaiter
I tried to bump that thread and make that comment as he called it a "safe" short term play. I wanted everyone to get their last lol at him, but it appeared as that thread was locked and gone.
Posted on 9/28/15 at 5:29 pm to Shepherd88
Yeah, I think my counter to his advice advice (really as a joke) was investing in a short biotech ETF. Wish I would have done that, LABD has been on a tear recently!
Posted on 9/28/15 at 7:07 pm to TigerDeBaiter
That wasn't a legit poster, just a rando bouncing around Money boards hoping people are as idiotic as he is. Was pretty clear from day one, a true "LSU alum" and "big football fan" that's clearly not afraid to embarrass himself should be all over the Rant by now.
Shkreli could end up dead sooner rather than later. That douchebag may have buried the entire sector through the conclusion of this next election cycle. It's sadly ripe low-hanging fruit for populists.
ETA: Maybe that was Shkreli himself LINK
Shkreli could end up dead sooner rather than later. That douchebag may have buried the entire sector through the conclusion of this next election cycle. It's sadly ripe low-hanging fruit for populists.
ETA: Maybe that was Shkreli himself LINK
This post was edited on 9/28/15 at 7:21 pm
Posted on 9/29/15 at 10:41 am to RemouladeSawce
quote:
Maybe that was Shkreli himself LINK
quote:
Try to get a job at Turing if you can they ipo soon and imo are gonna rocket lots of innovative stuff, prob will be the best biotech ipo when it happens
This post was edited on 9/29/15 at 11:21 am
Posted on 9/29/15 at 2:49 pm to RemouladeSawce
LSUTraderman was by far one of my favorite threads. Never saw someone so defensive so quickly.
What's the story on the Shkreli? Was there another thread?
What's the story on the Shkreli? Was there another thread?
Posted on 9/29/15 at 9:11 pm to RemouladeSawce
quote:
That wasn't a legit poster, just a rando bouncing around Money boards hoping people are as idiotic as he is.
Oh, I know.
Posted on 9/30/15 at 8:40 pm to Spirit of Dunson
He creeped me out a bit in that thread. It was cool to talk science but toward the end it started to get a little strange.
He told me I was brilliant, that I was too good for this board, and that he hoped we could keep in touch.
(No offense LSUTraderman, except that you called me an LSU fan)
He told me I was brilliant, that I was too good for this board, and that he hoped we could keep in touch.
(No offense LSUTraderman, except that you called me an LSU fan)
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