DK1
Long

PDLI, Prediction for Fall 2014, +42%

BATS:PDLI   PDL BIOPHARMA, INC
120 0 0
PDLI             , for the past 3 years, has experienced annual runups usually beginning in Winter and ending in Fall the following year. In observance of this trend, I believe PDLI             will fall for the next few months (Dec. and Jan.) then begin its reversal to continue its long term bull rally through fall of 2014.

I suggest buying anything under 8.20, sell at 11.50 or higher.

Predicton: Current price 8.84

Profit Target: $11.65
Stop Loss: $7.50
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