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Synergy Pharmaceuticals, Inc. Message Board

  • cabogordon cabogordon Feb 8, 2013 9:52 AM Flag

    hoping we get some buyers step in today with some decent volume

    we need a 500k volume day. gravity kicks in with these low volume days. you can study techincals and fundementals all you want but without volume. well, its like cooking a cake without flower.

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    • You are correct about the volume, and it will come. We move from $5.60 to $6.20 on 2 million shares in 3 days last week. and we had a huge run from $3 to $6.60 on 28 Million shares so the stock has seen nice appreciation on very big volume

      Let the weak hands exit on these slow days/weeks. Small low volume down moves are expected with a small cap, thinly traded stock like SGYP. I really love our trend over the past 6 months. Big volume up moves followed by low volume down days and healthy consolidation

      With the positive Ph III in CIC we know that the fundamentals will continue to put a floor on the price so use these days to add to your position until the next big leg up

      all in my opinion of course

      Sentiment: Strong Buy

 
SGYP
4.92-0.13(-2.57%)10:36 AMEDT