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Astex Pharmaceuticals, Inc. Message Board

  • dusa1957 dusa1957 Mar 15, 2012 5:33 PM Flag

    The chart shows this crap drifting towards the 52 week lows

    The market maker NEVER allows even a penny price increase on any volume. Just has a large bid that once filled is moved down. This will continue to drift lower, with the market maker accumulating shares, until some bogus "news" on phase II results comes out and it pops. That will be when I short it heavily. In the mean time, if you are long, all you have to look forward to is weeks or months of grinding descent.

 
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