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Infinity Pharmaceuticals, Inc. (INFI) Message Board

  • leftcoast1010 leftcoast1010 Aug 19, 2013 4:56 PM Flag

    Volume

    What is with the spike in volume right at the close. About 175,000 shares were purchased. Someone must know something

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    • Leftcoast,
      Must be those who don't want to miss the rally in the SP (instead of just watching). IMO of course. I thought it would close at $18+.
      Helping INFI today was the rise and strength in GILD and PCYC throughout the day. The new competitor ONTX sold off today when it came out today it was mentioned favorably by Piper.
      The anticipation for results from INFI ought to boost the SP. A rebound to the 20's is a good expectation from here, too.

      Sentiment: Strong Buy

 
INFI
10.15-0.45(-4.25%)Apr 17 4:00 PMEDT

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