Editas Medicine, Inc. EDIT

Bull flag forming

Definitely

Would you like to be in the stock when trials are updated or out. If it worked in mice and non human primates wouldn’t it be effective in humans as well. The major difference in these trials vs standard IND is that we are not dealing with a pill or an IV. This is at the root of the diseases existence. Happy to be here.

Error Illumina makes the machines

Food for thought with the cost of genome sequencing going from over $3BILLION to less then $100 next year not only will it become part of your yearly physical. Companies like Intellia which makes the machines needed to do such will benefit greatly. Along with the companies that will administer the cures like CRISPR stocks. Once the disruption of such takes place the larger companies not focused or at least partnered in the space will be lost. Think about the great disruption Tesla is in the middle of. By the end of this decade all cars will be electric. Why? Bc the cost of electric will be 90% less then combustion. Wouldn’t it have made sense for Ford, GM or Toyota to make a bid for Tesla when it was a $4BILLION? Now that it’s $400BILLION and threatening their market share they have to play catch up. Point being that EDIT will cause similar disruption with Trillions yes I said trillions of dollars in potential treatments and royalties at stake.

Last quarter outlook hasn’t changed this is a good entry for a new position start or adding. Buy the fear always works with good companies

Just an FYI the last quarter of every year is the quarter of the Biotechs. All of the conferences happen and companies strategically wait to release info and file IND apps in this quarter. Look at a few charts from September to December and you’ll see a pattern.

Agreed nice chart

Edit, Beam and Ntla have unusual volume activity it looks like something is brewing or institutional investors are piling in

Strong volume strong finish. Nuff said