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Astex Pharmaceuticals, Inc. Message Board

  • jd_andy jd_andy Aug 25, 2013 6:41 AM Flag

    More selling than buying on low volume on Friday's big move up

    Barrons is showing negative cashflow out of the stock on Friday, even though the stock rose 6.5% (more shares sold than bought.) Volume was also less than average.

    Sentiment: Hold

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    • First off, you say that volume was less than average but simply looking at a quote page shows volume slightly greater than average with 1,283,000 shares traded versus average of 1,262,000 average. Secondly, I find it hard to believe that a stock goes up 6.5% when more people are selling than buying, and in light of your bogus statement regarding volume, I think we should disbelieve your whole post.

      If you want to short the stock, that's your prerogative, but don't tell lies to support your position.

 
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