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Celgene (CELG) is one of the stocks with the most bullish mentions on Mad Money with Jim Cramer. It has been featured 13 times as a stock to buy in the special section. Cramer has called it a favorite of his and has predicted that it could be a possible takeover target a total of 3 times as lately as 4/30/2007. Bob Hugin, President and CEO of Celgene has been a guest on Mad Money's "On The Line" segment 3 seperate times, including once on Mad Money's Back to School Tour at University of Virginia's Darden Business School.
1 comments:
Cramer has blown hot & cold on this stock. He touted it last year with Hugin and I bought and several weeks later a call-in asked why it went down and he backed off his recommendation especially as it continued its slide into the 40's. I unloaded yesterday at a breakeven price after foregoing at least $75,000 in lost interest in my investment money had I put it into a CD instead of CELG. Relieved to be out of it!
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