AEterna Zentaris Inc. Message Board
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here it comes
a lot higher price on heavy volume
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IMO kerx trading pattern of the last several days indicates increasing short covering, using typical techniques they have tried to walk the price down mid-morning which has then promptly been followed by a pick-up in volume and upward price pressure.
I suppose it could also be that some who want exposure peri results are choosing kerx in place of aezs out of concern that the ATM could limit short term upside. We'll never know unless we get a squeeze which would be utterly unmistakable. -
Thats why I favor AEZS their Pipeline really is STACKED!
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look at the volume on Kerx, looks as though the attention has shifted a bit to Aezs:).
- 1 Reply to emvici
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I believe AEZS is a much better play!!!
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yeah the sell off after the Atm announcement, seemed to be more of a blind move, bet everyone that sold is kicking themselves now as they try to buy it back for more.
- 2 Replies to emvici
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I'm long here. But I never doubted that the stock would fill the gap from the ATM sell-off. Knew it would happen and expected it to on far less volume than it made the gap. The significant price area is obvious from just one glance at the daily chart. Longs want to see the mid $1.80's print on BIG volume. AEZS does that and turns that low $1.80's resistance into a floor and then we'll see what comes next. Until then however, no trade is really significant.
http://stockcharts.com/freecharts/gallery.html?s=AEZS -
Never sold a share!!! Smiles
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Is this the day we bounce into higher levels... Sitting here watching level 2 closely....
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shareholders need to stop selling their shares off as though they were desperate. Make the buyers pay the Ask price.
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