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Biotech / Medical : biotech fireworks

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To: tuck who wrote (6987)10/5/2016 11:17:32 AM
From: tuck  Read Replies (1) of 7424
 
Corbus (CRBP) up 19% on no news whatsoever. POC data readout in a month, followed by more in 1H17. But today's action is a continuation of speculation after it got waaay oversold. See the post this replies to; it's now an 8 bagger in under 10 months. Of course, I got antsy and sold for a modest profit. My sister's portfolio still has a small position, but I doubt she's paying attention (I told her to sell half in the $6s about a month ago). This is now well above the analysts' target price. My advice would still be to sell half here out of caution. Not saying short it.

Cheers, Tuck
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