Bought Gilead Sciences (GILD) For A Trade
I purchased some shares of biotech company Gilead Sciences (GILD) today. This is a short term trade as they report earnings after the close on Tuesday. Gilead has a solid history of beating earnings estimates and the stock trading higher after the earnings release. I have no reason to doubt that the same won't happen again come Tuesday. For more information on what is in Gilead's pipeline click here.
I sold some more shares of Tyco (TYC) to fund the above stock purchase.
I sold some more shares of Tyco (TYC) to fund the above stock purchase.
posted by Big Ben at Monday, October 17, 2005
1 Comments:
I'm not a big Tyco fan. But for a good long term in biotech, get some Amgen (AMGN) or Genentech (DNA) but nit fir a trade.
Note: I am not responsible if you listen to my advice and lose money on an investment. If you make a ton of money on my advice you can blame me!!! At coffeeandstockblog.blogspot.com I post some stock tips as well.
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