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Centrifugal Deforest: Bearing the Pain
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EpicSabbah · 7 months agoJust noticed Cramer mentioned MYGN in his Lighting round last Wednesday as a buy on any pullback. As a shareholder of the company for the last eight months I don't like this. (For some reason...) Also, I am becoming more concerned about how Obama's Healthcare policies may change profitability for the company.
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Centrifugal_Deforest · 7 months agoI don't pay any attention either way to stocks Cramer mentions on his Lightening Round, etc. I am only concerned about the names he singles out for a full-segment promotion; and even then it is the smaller, odder names that are potentially suspect. As far as the Obama concerns, the genetic and biotech groups have fallen notably in relative strength. Something is not perfect there (perhaps it is just rotation as the more broken groups have had their tremendous moves higher). MYGN has not broken down at all, but I'm not going to give it a lot of slack myself; after seeing some of the declines in the likes of AMGN, CEPH, CELG, GENZ, etc.
