Astex Pharmaceuticals, Inc. Message Board
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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!-
Well... my two other plays, HPQ and CTRP (which i recommended in my previous posts) both panned out. Next up, BRCD and NCTY.
Still long and very strong on this one. Suspect the turn is coming right after options expiration on Friday. Thinking about doubling my stake... -
"...personal stake
by: amateuress (26/F/New York, NY)
Long-Term Sentiment: Strong Buy 05/11/06 10:13 pm
Msg: 65695 of 65751
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..."
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Wow, you're now down $52,200.00 at a share price of $4.49.
Where the hell is your stop/loss, anyway?- 2 Replies to psosgf
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stop-loss is for traders.
i'm an investor.
if you need advice, look up J.M. Keynes on Wikipedia. -
4.37 now. Every ten cent drop and amauress loses six thousand dollars. lol.
She should have listebed to Larry and sold at 5.90.
Smart guy.
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i have to say that i too have hedge buddies and Ursus Capital who has/or had? a big position in this stock has been dead wrong on supg. and another guy i know who runs his own fund has been negative on supg for any real short term upside. i dont know who you are talking to but in the short run supg will, i think remain weak. i do not see what may drive the stock higher, other than maybe stronger than expected dacogen sales, but i would not put my 25k shares on that investment idea. i sold.
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"definite bear market" ?????
What you smokin dude?
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Do your hedge fund buddies have any idea who is selling at today's prices? Seems ridiculously risky to be short selling at these price levels.
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