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OncoGenex Pharmaceuticals, Inc. Message Board

  • hgpabade hgpabade Jan 29, 2013 10:49 AM Flag

    Strong technicals

    The technical indicator at stoxline website shows a strong buy with the $15.77 target price in six months.

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    • I have a solid core position of 3500 shares and a small trading position of 750 shares.

      IMO, the stock is at the cusp and should be bought on any pull back under $12.50

      427 is a sleeper and IMO, its going to be a significant drug for OGXI. Both 427 and -011 are going to play out over the next 12/18 months.

      Yes its a High Risk stock and I will buy insurance in the form of put options before every P3 binary event.
      I'm looking for PPS of High Teens, low $20's going into Q4/13.

      • 1 Reply to boxcarlong
      • If anyone is paying attention. This just crossed some pretty important trend lines this am. The short position has been steadily working its way down and is not meaningful at this stage. Technically this thing is poised to make its best move in a long time anything that ignites a demand for shares is going to take higher prices to accomodate. It does not take a lot of money to move this stock.What will be the event that creates the tipping point is anyones guess.

 
OGXI
10.43+0.06(+0.63%)2:04 PMEDT

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