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Bullboard - Stock Discussion Forum Celgene Corporation CELG

Celgene is a biopharmaceutical firm that discovers, develops, and markets therapeutics for the treatment of cancer and immunological diseases. Celgene markets Thalomid and Pomalyst to treat multiple myeloma and Revlimid, a less toxic thalidomide derivative, to treat myelodysplastic syndromes, multiple myeloma, and mantle cell lymphoma. Acquisitions have brought MDS drug Vidaza, T-cell lymphoma... see more

NDAQ:CELG - Post Discussion

Celgene Corporation > Buybacks?
View:
Post by JOHNNYBOYO1 on May 18, 2018 3:33pm

Buybacks?

Is Mgmt going to step in and do anything as this thing loses 1-2% daily?
Comment by paths on May 22, 2018 12:24am
The market has decided right or wrong they made a bad purchase with Juno, so if that was 9 bill. wasted, the market has now taken 18 bill. off of the market cap, so good grief it should stabilize soon. Maybe within a couple days, 73? worst case might be 67.  
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