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Keryx Biopharmaceuticals Inc. Message Board

  • ironjinman ironjinman Feb 4, 2013 5:09 PM Flag

    How will JP Morgan receiving their 8.2+million offering shares tomorrow effect the stock?

    The current share price($6.50) is 2 dollars below what JPM paid($8.49). JPM is not in the business to take huge hits like this. I have a feeling they could drive the price up. So JPM is not likely to sell any shares. In my opinion they will hold or leverage down to lower their average price. This should run the price substantially higher tomorrow. It is in everyones best interest the price goes up from here.

    That being said.... Im not an expert on how this stuff works. Im considering adding to my position in the morning. I would very much like some thoughtful analysis or opinions here? Please no pointless pumper/dumper nonsense..thanks!

    Sentiment: Strong Buy

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