Keryx Biopharmaceuticals Inc. Message Board
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After Perifosine failed....
53 million shares were bought in 3 days.
You can kind of bet that these were NOT bought by retail buyers who had just seen a burnout.
They were bought by people who knew exactly what Zerenex was going to achieve (with a better than 85% probability).
Those "people" were hedge funds and they will make an 8x on this.-
You are confused..... These are the numbers that changed hands & not the actual net numbers been bought.....
Day traders buy/sell the same number of shares cancelles each other...
Buy 10000, sell 10000, total no. Changed hands is 20000 but actual no. bought was nil........ Just think about it????- 1 Reply to longinvestor99
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That's dumber than dumb.
If someone sells themself 10,000 and buys that 10,000 - 10,000 shares have been traded.
Volume is volume whoever is buying and 2 days of double digit gains tells me I was smart to double my holding on Wednesday.
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KERX WONT SUCCEED ITS GOING TO PUKE
- 1 Reply to mackgreene33
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Even AF says Zerenex will succeed.
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I guess today's volume says you might be right.
I expected a late surge of profit taking, but these guys want in before next Tuesday. No point in swimming against that tide.
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