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Biotech / Medical : Incyte (INCY)
INCY 105.70+2.7%Nov 5 3:59 PM EST
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To: scaram(o)uche who wrote (3054)12/4/2014 2:33:27 PM
From: tuck   of 3202
 
Good call. Only sold 1/4 of a large position (still largest by a long way), so I've been enjoying the rebound well enough. Roubini says our asset bubble has another year or so, thus buying biotech dips and then reassessing a year from now looks plausible. The devil in the details of entry and exit, as always. But I got good entries on some other issues. Given today's reaction, looks as though approval baked in at this price. So next dip level . . . high $40s?

(ducking)

Cheers, Tuck
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