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Biotech continues to drop; GILD on sale

Posted on 9/28/15 at 10:32 am
Posted by Delacroix
Member since Oct 2008
3992 posts
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
Posted by Jag_Warrior
Virginia
Member since May 2015
4180 posts
Posted on 9/28/15 at 12:19 pm to
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 by wutangfinancial
Treasure Valley
Member since Sep 2015
11289 posts
Posted on 9/28/15 at 1:21 pm to
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 by TigerDeBaiter
Member since Dec 2010
10275 posts
Posted on 9/28/15 at 1:32 pm to
I hope lsutraderman weighs in.

BLUE has lost nearly half its value since he was pumping it.
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