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ONYX Pharmaceuticals, AŞ Message Board

  • jess333123 jess333123 May 1, 1998 8:46 PM Flag

    ONXX - Target $14

    Glad to see I am not the only ONXX bull. Wow some of you guys are very optimistic. My target is $14by the end of the month.

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    • 200 day (Should) turn positive as well, One year declining tops definitely broken--rising bottoms now rules. If theres anything to this cancer stuff could be a hell of a ride.

      • 2 Replies to chartsup
      • The new cancer-effective treatments developed on
        mice (prost....? and endostatin) are side-effect free,
        not subject to tumor resistance, and totally
        effective--a definite competitor for ONXX. The mfg'r stock
        went up $45 this AM, rumor that Squibb interested in
        purchase.Conceivebly the finest science this century and the most
        devastating news for ONXX

      • Agree Chart_ up.....technical analysis shows Onxx
        moving higher. As Buy_Onxx pointed out the trading range
        is getting very narrow but we keep making higher
        lows. This is very positive...Above $9 1/2 this stock
        can run to $11 easily (within 1-2 days).

        have a sneaky suspision that Onxx will move above $10
        early next week...we might see a run in anticipation to
        ASCO (American Society of Clinical Oncology) to the
        $11-12 area.

        Test of the highs $14-16 will depend
        on news coming out of ASCO. I am expecting good news
        coming from final results of Phase II trials from head
        and neck cancer. I think Lehman knows something with
        a target of $25....Also Montgomery and UBS, the
        underwriters, have a great record as discussed by

        I like this stock and would recommend buying
        agrresively (Of course I am holding 8,000 shares :-)). Do
        your research in Onxx I think you will be very
        impressed with this small bio-tech.

        Good luck.