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S&P 500
5,709.54
(
0.01%
)
US TECH 100
19,320.04
(
0.36%
)
Dow Jones
42,196.52
(
0.09%
)
Brent Oil
74.63
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0.01%
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Bitcoin
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0.95%
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Bio_pete

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Bio_pete

Re: bladerunner1717 post# 49520

Thursday, 07/12/2007 12:56:53 PM

Thursday, July 12, 2007 12:56:53 PM

Post# of 253268
"So why is the stock down today?" I'm guessing short term profit takers. If you look at the chart it shows a > 25% gain since march. Lazard notes that a partnership was anticipated, but not to this extent. I'm in the opinion that MRK validates the science and once the short term players exit then the stock will continue its rise. It took awhile for SGEN to move after the deal for SGN-40 so I'm looking for the same thing to play out.
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