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Astex Pharmaceuticals, Inc. Message Board

  • amacherj amacherj Aug 30, 1999 5:52 PM Flag

    Short interest at all time high

    The number of shares held short almost doubled in
    the last month to an all time high. It is possible
    the last couple days run up has been the shorts
    getting out or maybe the word getting out about the
    partnership. Time will tell for the short term gamblers
    whether you are long or short. Will it be a short squeeze
    rapidly up, or another short term buying opportunity. Do
    you not just love this suspense.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • would change there name to supg.com they would be
      at a $100 by now. These bio techs only get so far on
      hype. When the earnings start to increase the big boys
      can justify their moves.
      Just wait it out. Tune in
      next year. A daily dose of worrying can cause
      premature aging and all that goes with it.

    • posters. I define credible here as not just being
      knowledgeable and keeping up on the company, but also being
      able to point out where they (SUPG) are forgetting the
      stockholders. For instance, the announcement of the TEVA deal
      came with very little publicity or explanations. Many
      stock holders do not read message boards. This is not
      the offical board of the company. We get information
      here from dshlm, Wrongbuy and you and Boogins. As to
      you and Boogins, I know that it's "outside"
      information from tenacious stock owners watching their
      generous investment.

      But this is not the first
      place we should see these things. We should see them in
      News, under Press Releases and article, etc. We
      shouldn't all be "standing" in here wondering "why did they
      do that?" or saying blind things like "Well the
      brain trust is infallable so it must have been a great
      idea!"

      Sorry Mkb and fjaiii, I probably overlooked a lot of
      people.

      As to infallability - Dr. Lenaz does have a 100%
      track record for identifying active compounds (just
      fact - well documented). But, that's what he does. He
      doesn't try to do it all and it's not a one man/woman
      company by any means. It's a team effort and each
      employee from the CEO down has something unique to
      contribute.

      Anes - ROFLMAO!!!!

    • Still operating in the red.

    • Analyst says price target $30 in 1 year.
      Is he
      forgeting something.
      If any one of SUPG drugs is
      approved,
      I see $100 in 1 year.

      Did he forget this is
      a biotech company,
      with drugs close to approval?

    • Those who like biotechs and want diversification
      might try a biotech mutual fund. There is only one that
      just invests in biotechs though. That is the Franklin
      Biotech discovery Fund. They currently hold about 45
      issues. Look at your news recall for IMCL (Imclone) for a
      recent Dow Wire report on the manager and fund.

    • Relax, buddy. You are credible as hell. Your posts have been informative, insightful, and right on. Keep it up. We all look foward to hearing from you.

    • actually I must confess, a friend helped me with
      the Italian. I told my friend that I hoped I hadn't
      said "your mother blows goats", and was told, "Nah,
      you said your SAINTED mother blows goats", so that's
      all right.

    • That you don't consider me as one of your
      credible posters.
      If SUPG continues to stay above the
      19-20 area and takes off soon I will have called the
      bottom. I also still think my fairy tale story post over
      a month or two back will come true. Its on the
      partnership structure.
      On the point of having all of one
      eggs in a basket. I agree that there should be
      diversification. However one can not follow too many stocks and a
      portfolio of several large positions will be more
      meaningful if one is correct and does their homework. Also
      never place too much in any investment were that
      company places all their bets on only one product. In the
      case of SUPG the fact that they have purchased several
      compounds and are attempting to build a pipeline of
      potential drug targets is comforting. GO SUPG GO Oh yes
      company is acting too cockey lately. A good sign for the
      short term.

    • Voi sono troppo gentile. And now in English por favor, since my Italian is a little rusty.

    • I mean that, Dig and Cut and even Mr. Caveat...
      but don't insult me anymore, please. I never hit
      first.

      Joe... you are the greatest, man, but I have to tell
      you, I'm worried about the market in general. I've
      made some real gains this year and last year and don't
      want to learn the hard way, like many here have. I'm
      not as experienced an investor as they are and they
      hopefully won't panic, so I won't either.

      I may
      start having a lot more questions than answers soon and
      I may need everybody (most definitely you, Joe),
      but these very serious topical people
      too.

      SuperGen is great and I'm holding onto it as a life raft
      in this kinda scary market right now.

    • View More Messages
 
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