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Astex Pharmaceuticals, AŞ Message Board

  • buysell1929 buysell1929 Jun 22, 2013 2:53 AM Flag

    AZD3293 Clinical Study

    The entry for the AZD3293 clinical study was updated by AstraZeneca on 6/20/2013. The only thing I think may be new is the connection with Parexel. Anyone else see something new?

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    • International recruitment for trials. That's what parexel does.

      Sentiment: Sell

      • 1 Reply to bucketlist88
      • Yes, but there weren't any other changes -- like how many have been recruited and has dosing started. All there was, buried in the weeds, was the fact that Parexel is now involved. The only way that showed up was in a contact email address. It's like trying to reading the entails of a chicken! If you are going to update then update -- don't just reformat and add a teaser.

    • The price action on ASTX late Friday was astonishing. It pushed volume above 11 mil, which is way above average. I cannot find any news. Trading action on this stock has been confusing at best over the last few months (since earnings, really). One partial explanation (just taking a stab here): big funds were forced to finally sell shares since ASTX has been trading below the $5 price threshold for the last month. Anyway, the price on Friday dipped to near $4, then strangely recovered back to where it was at the 4pm close. Weird.

      Sentiment: Hold