Monday, July 7, 2014

GILD to $100

My comments on this article:
http://seekingalpha.com/article/2301865-gilead-sciences-has-a-realistic-path-to-100 

Many articles being written on GILD. I just put another post on this - Nice article, I like this stock too but not sure I am a buyer at this high. I wold have liked to get into it at a lower cost. This is the time to be cautious since it is at the top. Does not mean it cannot go higher, it is just caution at this level for me. This is a good stock

If you are planning to enter GILD then it may be a bit late.. People are already enjoying the ride from $65. The stock may still go up but I cannot buy when the stock market is at its all time high and most of the stock is at all time high. If one plays it, one should put a tight stop below 80 and play it as a swing trade

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