Without 36 million short shares and about 10 million naked shorts.....we would be priced in the 40's after european partner announcement...This is coming in the very near future.
This is posted on Invertor Wired. Looks like someone released the prewritten article way too early. Looks like someone from the Adjustment Bureau really messed up.
"Keryx Biopharmaceuticals (NASDAQ:KERX) closed at $ 42.76, up 1.33%, on volume of over 15.44 million shares. The share price fell -8.01% in the last 5 days. The company has an average trading volume of 11.98 million shares. In the time frame of the last one month, shares dropped almost -0.09%. Its market capitalization was $68.00 billion. Keryx Biopharmaceuticals (NASDAQ:KERX) declared its financial results for the second quarter ended June 30, 2015.
Auryxia U.S. Commercialization
•Net U.S. Auryxia product sales for the second quarter were about $1.8 million, based on about 3,700 Auryxia prescriptions, as stated to the company by IMS Health and specialty pharmacies that do not report data to IMS, counting DaVita Rx and Fresenius Rx.
•Unrestricted access for Auryxia raised to 65 percent across Medicare Part D and commercial insurance providers, with the addition of Auryxia on the formularies of two national Part D insurance providers that began processing claims in the third quarter of 2015.
•Keryx’s sales representatives have reached more than 75 percent of the 5,000 prescriber targets; about 1,000 target prescribers have written a prescription for Auryxia.
•Keryx successfully introduced samples into the market in the second quarter, with about 6,000 starter kits shipped to about 1,300 target prescribers — the majority of whom had not formerly prescribed Auryxia.
How Should Investors React to KERX Now? Find Out in this Trend Analysis Report"
comparing auryxia to fish oil and weight loss pill really made me lough out loud, haha, I was short ARNA for 2 years ok, I knew better than most that Belviq was nothing more than placebo, auryxia on the other hand has real and significant clinical effect..
some people have to understand that bad launch does not always mean bad drug, sometime it means bad management, this is the issue with Kerx, but auryxia is needed and eventually it will find its way to the market
Keep in mind it can also help some interested parties accumulate at lower levels.
In any event The Fools stopped being relevant years ago, and I feel bad for its founders having to see their ideals reduced to drivel.
Agree we th you re covering action this past week but they had a lot of difficulty doing such with the volume so low. And yes I think the next three weeks will continue to be volatile but from then into early winter I believe momentum will be on our side so strongly
As long as we are connecting the dots, I find your comment regarding Seth Klarman interesting. Wasn't the CEO of IDIX a former CFO at Kerx? Doesn't it seem logical that he might have made Klarmen aware that KERX offered the same opportunity as IDIX to hand the shorts their heads. I agree that it's only speculation, but stranger things have happened. I, too, feel that the ending of this story will be very interesting
Sentiment: Strong Buy
total speculation, but I have followed his story and kerx story very closely and I strongly believe the guy was/is for real...........everything about this stock reinforces his stories and my opinions, u recall the BS article that was released B4 the halt was ended after approval? that story was locked and loaded b4 anything came out, remember how long we were halted for? the BS misinformed articles that were out who later apologized but didn't not resubmit correction, it goes on and on and on...........MM's are short here, I strongly believe that, they control the price whether buying or selling is going on, I think SETH knows the story as well, hence his position and accumulation, so yes, I totally believe the story and I will hold and accumulate when I can afford to and I totally believe the mother of all short squeezes that he talked about will take place, this will be ugly all the way til the end, that's the path the MM's have chosen, so just hold tight
Less than a month away. Based upon a review of a number of other EMA approvals and subsequent announcements, my money is on September 28, 2015 for the announcement, however, it could be September 25
Sentiment: Strong Buy
Have a question for you. I got into KERX around the same time as you (March 2013). Made my decision after reading no_rats#$%$ posts. They made a lot of sense to me and I believed him. He expected a massive short squeeze and said to buy and hold. To date, buy and hold has not been the right strategy, but there's no doubt he was correct about KERX being a manipulated stock. I've noticed that you have made references to him in the past. Do you feel that he was for real or was he just one of the nuts that find their way to this message board?
Sentiment: Strong Buy