CELG - Celgene Corporation

Stalking this but nothing doing yet:

 

I agree. I've been averaging down since about 105 a bit against my better judgment. The weekly chart has me concerned. When will the weekly highs break the downtrend and stop also setting weekly lows?

 

Agreed, this thing is shot.

I established Jan 2020 collars for my shares pretty close to breakeven, so at least there's that.

 

Celgene suffered yet another setback when it received Refusal to File letter from the FDA regarding its New Drug Application (“NDA”) for multiple sclerosis candidate ozanimod. The key issues for the refusal to file centered on the completeness of the clinical pharmacology and the non-clinical portions of the NDA.

 

Over $80 but for how long is the question >> Celgene and Acceleron Announce Luspatercept Achieved Primary and Key Secondary Endpoints in Phase III ‘MEDALIST’ Study in Patients with Low-to-Intermediate Risk Myelodysplastic Syndromes - https://finance.yahoo.com/news/celgene-acceleron-announce-luspatercept-achieved-203000292.html-

 

CELG Celgene and Acceleron Announce Luspatercept Achieved Primary and All Key Secondary Endpoints in Phase III ‘BELIEVE’ Study in Adults with Transfusion-Dependent Beta-Thalassemia - https://finance.yahoo.com/news/celgene-acceleron-announce-luspatercept-achieved-205200058.html