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Astex Pharmaceuticals, Inc. Message Board

  • mero0910 mero0910 Apr 25, 2013 11:47 AM Flag

    Institutional Ownership Up

    Nasdaq shows institutional ownership up over 2% to 37%. As retail holders sell, institutions are buying. I wonder why?

    Sentiment: Strong Buy

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    • Insecurity is starting to show up. Longs here have to post such insignificant info in hopes of pumping the share price up. On Monday/Tuesday you get a wake up call. Enjoy the sixes while you can. You can tell the share price will be breaking down, when you start to hear things like "The Fly On The Wall", this is designed to keep you holding it, while they slowly rob hundreds of millions in valuation. They moved this stock because they can and they will remove the wealth before you realize what hit you. Several weeks ago, you would have been delighted with a $4 a shareprice, today you believe it's worth twice that?

      Answer this question why did the astex insiders take Cash when they got thte middle payments. Had they taken stock, it would be up triple? I can name several small bio's that were moved to these levels and now are trading in the low $3's. Once you lose you mojo, you will wish you had listened.

      Sentiment: Sell

    • With a robust pipeline that includes an early stage Alzheimers drug ASTX would be a steal at $15 per share imo.

    • finally above the $5 threshold puts us on institutional and fund radar, and SGI-110 news only a few months away. the street is beginning to take notice.

 
ASTX
8.4950.000(0.00%)Oct 10 4:00 PMEDT

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