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Keryx Biopharmaceuticals Inc. Message Board

  • mgm2020 mgm2020 Jul 9, 2013 3:58 PM Flag

    Quietly risen 4% in last 4 trading days--nice uptrend forming into catalysts...

    Since the trading games 2 weeks ago that dropped the stock down into the $6's for no reason(other than to provide some traders with a great opportunity for a quick profit--thank you very much), the stock has developed a nice uptrend and in the last 4 days has risen 4%. Now that may not seem like much, but I would rather have the stock staying solidly in the $8's now and quietly trading up leading into the upcoming catalysts(which will catapult the stock dramatically higher no matter what the price is) than trading with a lot of volatility---it's much easier on the nerves. I think that with every passing week leading further into this quarter the stock will continue to rise as traders and investors anticipate the coming news. At this level it is still a buy, either to average down--or up, and there is a tremendous amount of profit to be made. The second week of the quarter is almost half over already---news could come at any time.

    Sentiment: Strong Buy

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