I have been following this company for more than two years and I beleive the rich pipeline, pile of cash and the upcoming partnerships should push the stock up. This is rather short term though. In the long run I beleive this company has great potential to generate blockbuster drugs.
Heres how I see Exel and I in it for real money-they had a bigger pipeline last month-today they announced that they are laying off 65% of their staff-so a fair amont of projects(future pipeline)-WHY?? Why did the shares pop 13.87% today? Here is my thesis-Exelisis is onto something-and something really,really big.Its new agaent showed remarkable bone density scans(Im not a dr. but it means it works)and drs are saying wonderful things about the results-the company does not need a huge staff to work on a basically single agent but will be tested again for approval on several kinds of cancer-I think they are going to go thru the roof-I will aquire a lot more shares on the dips-if I dont get one soon Ill take a few percentage points loss and still retire in Costa Rico on this one trade-so far Im off to a good start