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Re: oldchemist4 post# 35890

Tuesday, 10/15/2013 12:08:10 PM

Tuesday, October 15, 2013 12:08:10 PM

Post# of 80490
Great history lesson on CELG. And AMP is correct, the competitive nature of BP want's block others from assets like patents. Bidding war.

CELG is a perfect fit.

We're looking at another 10-12m share day maybe. Still that's down from previous days of 8, 114, 27, 44, 34. Tree shaken pretty good here. There are a couple of very determined buyers out there, stalemated in the $.20 range. Once there is nothing left to fight over, we should move up some. Then we wait on news. We might see a gradual rise to get to a place where the premium will be more tolerable % wise.

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