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Astex Pharmaceuticals, AŞ Message Board

  • amateuress amateuress May 11, 2006 10:13 PM Flag

    personal stake

    just thought i'd make a proper disclosure that i do currently own around 60K shares worth around $286K in this stock. my average price is around $5.36.

    will look to up stake to 100K shares in the next couple of days if we hover around this point. i've asked some of my hedgie friends to look into this stock for me. current plan is to hold on to this stock for a year or so, or at least until fair value is hit around $9.40.

    despite what is a definite bear market, from what i can tell, the institutions seem to be in a buying mood: http://thomson.finance.lycos.com/lycos/iwatch/cgi-bin/iw_ticker?ticker=supg

    will post more if i do any more analysis. i'm currently also in HPQ and CTRP, which are due to report in the next 2 weeks. do the iwatch on these too! big money momentum is definitely behind these two!

    good luck longs!

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