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Baker Brothers loading up on SGEN and I am buying it

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Posted: #1
THy a ftune on PCYC buyout. Now lloading in openmarket on Seattle Genetics. My type.
 
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Posted: #2

WTF... so many times I have a slow page here and the type doesn't write out like it should.

Felix and his brother, the guru's in biopharma are loading up on SGEN. THey sit on the board and were using it as their personal cash register. Now they are loading it up as much as possible. There has to be a reason and at 36.00 I think it is cheap. Sold half my INSM (up 40%) and put on SGEN.

Good luck and stay away from the guys on here telling you to buy GOLD, Airlines, OIL, High risk volitile crap unless you are really experienced and know how to short.

If you are just a regular guy looking to make a bet, pick good stocks, dont sell if they go down a little, hold it until it comes back. Unless you picked something really risky, then take your loss. Stocks can be a great way to make money, but you have to swing trade. Buy low, sell high and dont expect to triple or even double your money on too many thinkgs...

SGEN has a phase I trial out and it is a big deal. This is most likely why BROthers are buying.

 

Good luck..

 
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Posted: #3
I'm on it, big follower of Felix and Julian. Got in on the dip  in Biotechs
 
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Posted: #4
The Baker Brothers are just making you think they are loading up.. What they are really doing is trying to get buyers so they can sell the shares they have and unload some dead weight...

This stock has been in a down trend since feb 2014. 

If you are just buying now @ 37 then you will have a heck of a time getting thru 42.. Never going to happen.. You will get clobbered once it gets around 40 .. But hey it aint my money .. 

And anyone that takes a trade on what they hear someone else might be doing, is not a trader, they are sheep..They are the markets wet dream..  I would be shorting on that news.. And buying Biotech right now when the market will tank the next 6 months... Yup sounds like a smart move.. 

Here is something simple to understand for all the new wannabe traders... Look what happen last time it got to 42.50 .. Yup , went down almost 9 dollars the next day. So that should tell you that the price of 42 is nowhere near where it wants to be .. Look what happened when it hit 40 .. it got pushed back down to 34.00 And you really think this is going to break those 2 levels now ??? LOL .. that is amazing to me.. 

38.37 you will get a signal for a reversal to the downside.. I will call it when I see it the next couple days.. Just stare at the daily chart and you might see what I see.. If not no biggie.. We all cant be the best ... 


 
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Posted: #5
Sgen had an Ouchy at 42... hahahahahh   Who ever got in at 37 will now get clobbered. Get out now when you can.. It will drop slow so you do not notice it .. Next thing you know , you are down big.. That is how the big boys slowly take your money in the market... 

Sell this junk now.!!!!!!
 
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Posted: #6
That big run up was to suck in all the last of the meatballs. Textbook up thrust ...
 
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Posted: #7
4 huge up thrusts , followed by a BIG false break , only to get rejected hard back down past 40. Yup buying anywhere around here would be a textbook retail , uninformed trader move.. 






 
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Posted: #8
Quote Originally Posted by Knoxpoker:

4 huge up thrusts , followed by a BIG false break , only to get rejected hard back down past 40. Yup buying anywhere around here would be a textbook retail , uninformed trader move.. 

I have swung this thing for quite a while... 34 - 37 is always a buy and I top off at 44 "for now" Do you label everyone a NEWBIE trader that trades like you dont...
Baker Brothers are smart... I dont see anywhere in their SEC filings where they have sold ONE share... I can tell you that now they have an OPEN platform (freely traded shares) NOW... That happened back in the summer... This is a great, as good as it gets swing trading stock because they own so many shares. Theyare most likely swinging it too... 
This is a 24% dream.... They are stopping it from trading below 34 because they bought at 41. No where does it state like you wrote "they want you to think they bought" there is a filing stating so. Although i would agree they got them much cheaper. Their person and do everything possible to pick up a penny...
THis state, it has traded in this range going back several years. You could have bought, held, and made NO MONEY or traded it on every up and down and made a lot of money. You can always hit the top or bottom but setting a 20% gain and selling, then wait for it to return....




 
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Posted: #9
Wanted to add, BB has made some bad picks in the past. SGEN isn't one of them.... It has not grown by leaps and bounds, but grows... 
I tout it as a good overall investment that can be swung traded a few times a year... 
I did sell last time at 44 and lucky to get back in at 35.12... Should have doubled down at 34 "anything" and if it were to trade in the lower 30s, add more.
Point - BB bought at 41 via the SEC filing. It is one of their biggest holdings and they know how to make money...
I guess, since the shares are freely traded they could be dumping them for a loss... Just don't see it...
 
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Posted: #10
This stock is stagnant. Almost a year now and it's still hovering at the same price since you posted last March. 

Much better biotech stocks out there that have doubled and tripled since this time. 
 
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Posted: #11
Waiting for this to dip again. I have made a LOT of money on SGEN... Now swinging CNCE, and a few other biotechs... CNCE is not a buy now, but when it drops to 10 again.... I have shorted a little of it, but doubled on it from 9 to 18... Had did the same thing a year ago...
Just dont buy into any of the garbage stocks pumped a lot on here and many other places. Go opposite of what pumpers tell you.
 
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Posted: #12
STFU  you trolling scumbag pile of manure. Look at this pile of garbage scumbag who loses his A$$ in the market! LOL
 
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Posted: #13
STFU with your predictions you ugly pile of scum. You have cost people a fortune on this site just reading your old posts..Retire and go away and save us all $$$$$$$
 
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Posted: #14
Quote Originally Posted by Pipe-Light:

WTF... so many times I have a slow page here and the type doesn't write out like it should.

Felix and his brother, the guru's in biopharma are loading up on SGEN. THey sit on the board and were using it as their personal cash register. Now they are loading it up as much as possible. There has to be a reason and at 36.00 I think it is cheap. Sold half my INSM (up 40%) and put on SGEN.

Good luck and stay away from the guys on here telling you to buy GOLD, Airlines, OIL, High risk volitile crap unless you are really experienced and know how to short.

If you are just a regular guy looking to make a bet, pick good stocks, dont sell if they go down a little, hold it until it comes back. Unless you picked something really risky, then take your loss. Stocks can be a great way to make money, but you have to swing trade. Buy low, sell high and dont expect to triple or even double your money on too many thinkgs...

SGEN has a phase I trial out and it is a big deal. This is most likely why BROthers are buying.

 

Good luck..


Never take advice from a babbling idiot, such as yourself. Learn to type first you phuckin dipshit! Your advice is so toxic that I would never touch any of your advice. You shorting the market tells me you are that much of a phuckin moron. Its the biggest degenerate risk, besides the OTC. 

You obviously have lost your phuckin tail and you are probably some old degenerate sports gambling scumbag trying to save face. Take your advice and shove it because you are one of worst traders and bettors on this site.. Phuckin pile of soap scum!
 
 
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Posted: #15

If you are just a regular guy looking to make a bet, pick good stocks, dont sell if they go down a little, hold it until it comes back. Unless you picked something really risky, then take your loss. Stocks can be a great way to make money, but you have to swing trade. Buy low, sell high and dont expect to triple or even double your money on too many thinkgs...'

No garbage Sherlock, hence what I am doing with AZFL and FLSR..Next time take your advice before trolling my thead you phuckin waste of breath


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