Any guesses on where the bottom might be? I'd like to buy more but there's no use if it keeps falling at this pace. I would lose more than I already have. I need to see signs that it's bottoming out. Does anyone think it will bounce back soon? I find it puzzling that it's tanking like this because it's acting as if it's an ASCO stock. ASCO stocks suffer huge declines after ASCO, but KERX did not present at ASCO this year. Since it wasn't an ASCO stock this year and in nearing critical phase III data for colon cancer, I thought KERX would rise this summer. At the very least hold up. Seeing my account value crash because I bought this is extremely aggravating! 5.00 was supposed to be a resting point before a more significant phase III runup. If ONTY could do it, I don't know why KERX can't.
KERX is stock under $5-people spook easily from these stocks. The market is very choppy right now. This is a great time to start accumulating. I sold over $5 for small profit because of the Market pessimism and low price of KERX. I am thnking of starting a position again. If phase III trials are successful you will be very glad you held.
I don't think KERX's fall has anything to do with the market. It has fallen much more than the market. Look at today. The stock is completely broken. What a mess I got myself into. Is this going to fall to 52 weeks lows here? It's dropping like a rock.