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spikefader nice call on the ELN move up $1.20 TODAY
stops with this stock, are a dangerous..you will get taken out..this stock is a home run..approval is all but assured.. the next 2 months will see a very nice upside i bought another 3k this week most of it today..
I should have been stopped out today. Had a stop in at 21.3. Checked quotes and it was trading aroung 21 then popped up to 21.6. I was pissed since I thought that I had been stopped out, however the order didn't execute. Feeling good about not getting screwed, cancelled the order and then watched it fall to 20.25. I know that there is alot of good news coming down the pike, but this Market appears to be heading down hard. I would think that ELN needs some news soon to swim upstream against this market.
within six week they will announce that they have filed for Antegren, this is a MULTI BILLION DOLLAR BLOCKBUSTER DRUG...
I just checked out Elan's employment website and they have 115 positions posted. Yesterday when I checked they had around 50 (it's floated between 35 and 65 over the past several months). Almost all the new positions are sales people/sales managers in major markets across the country. I'm thinking they've got word that Crohns will be approved soon, so now they are ramping up recruiting efforts. Biogen is taking the lead on MS; Elan is taking the lead on Crohns.
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