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Astex Pharmaceuticals, Inc. Message Board

  • mikcer40 mikcer40 Sep 14, 2012 11:43 PM Flag

    Thoughts on ASTX vs CPRX

    I'm sure most people read th article today wher the guy from seekikng alpha posted that he sold ASTX and bought CPRX......What are your thoughts on this play??? I have been long on ASTX and rode out the storm but one always has to wonder what could be the best play in these situations.

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    • ASTX should get EU approval in a few days. If that happens I believe it will see 4$ per share. I also think it has a good pipeline. I sold 1/3 of my position a couple of days ago and plan to hold the other 2/3 until this stock goes through the roof(30 bucks or higher per share) or I die. Only God knows what will come first. I think long term it will produce. This is my opinion. I have been in this stock for about 16 months. Stockwaun was called a pumper/dumper, but what he posted was true. I don't think he had much influence on the stock price being where it is now. I took a quick look at CPRX. I am not impressed, but I am not an expert either.

    • Sorry for the sp errors. should have looked closer. lol

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