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ONYX Pharmaceuticals, Inc. Message Board

  • dr.vinmantoo dr.vinmantoo Nov 2, 2012 3:49 PM Flag

    Absurd reaction today

    Every once is a while you see a truly absurd move of a stock. Today is that day for ONXX. I just noticed that it crated down to close to $73 briefly today and then rebounded a bit. Looks like computerized trading gone amuck and or a major margin call occurred. In the end it is irrelevant as initial Carfilzomib sales greatly exceeded expectations with $19 million. Nexavar sales were in China were $27 million in Q3, which was a 29% increase of 2011, and a 10% increase over Q2 2012.

 
ONXX
124.700.0000(0.00%)Sep 30 4:00 PMEDT