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Biotech / Medical : Celgene-CELG

CELG 108.24

0.0%

Nov 22 4:00 PM EST

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From: PLegee	3/14/2012 12:32:40 PM
	of 804

New All Time High intraday. Stock is finally showing signs of a breakout into new levels supported by some block volume transactions. Pipeline in the company is the best in biotech, new markets for established drugs also adding fuel to this rise. Unfortunately, there is a bit of price premium built in as buyout rumors by NVS are circulating once again. When they are dispelled, the price might drift a bit lower but should still be on a path for a strong sustainable 2012.

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