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Astex Pharmaceuticals, Inc. Message Board

  • michaelplongo michaelplongo May 3, 2013 10:33 AM Flag

    recent decline just like LinkedIn

    Crushed earnings but had short term poor guidance. Stock got slaughtered this morning down 10%. Same here, market is short sighted. More ASTX trials means more expenses, but the result should be more income. We will see with time. I expect low $6's to high $5's and consolidation until something moves prices. Then we will either retest breaking $7 or retest $5 like bucket said we would already do.

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

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