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Biotech / Medical : Incyte (INCY)
INCY 105.970.0%Nov 10 3:59 PM EST

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From: Biotech Jim9/14/2013 4:29:15 PM
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In the FWIW column, over the past 3 weeks I sold my entire INCY position, both the trading and long term hold shares. Now I am starting to wonder whether I did the right thing. I will look to buy back if/when it recedes to the mid 20s pending updates on the pipeline.

I still think INCY will be bought out at some point in time, but there would not be the current insider selling if a sale were to happen in the next 6 or so months.

Recall what BMS got for products and the pipe when they bought out Dupont. Dr. Friedman is a very good salesman.
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