The weak are gone...the bulls are ready and the news is about to be released....smart money has been accumulating and the accumulation is nearly complete...once their greedy pockets are filled, then they will start the run to $3!!!!
BE PATIENT....The close could be special...I am hoping for close above $2.35
The big explosion by AEZS will happen once data starts to leak out before the FDA decision. Insts hold only 9% and that is all they held well over a year now. This is the point I dont understand. If AEZS is great then why haven't the INST growth holding improved? Some say they dont move in until $5, that is bull.
Definitely IMO - watching level 2, it's packed with ARCX, BATS, EDGX, CIN etc... all these suggest institutional / hedge fund trading; most of it is these.
Great close today at the highs; we cleared the descending trendline above the daily chart recent wedge, and held it. The 60 and 30 minute charts feature a nice inverted Head and Shoulders with neckline at around 2.33; stochastics continue to point up, and the stock is not overbought by a long way. Looks like it is headed up. KERX action seems to confirm this... Long AEZS and KERX
personally i think the accumulation is just starting. only about 9% is held by institutions. As they take positions this will be in the 3's before any big news comes. It's way undervalued based on everything I've read.
I agree 100%. Accumulation has not started .. at least not in earnest yet. Institutional holdings are very small, for the potential with this company. I beieve once we see FDA filings, results, etc., acceleration will start. I cannot think of any other reason, as this is baffling me.