Thanks Dave, and I agree with you that the silence from mgmt. creates the speculations.
Thanks Dave, I found the post, but who knows if this is for real.
A friend of someone said this.
Gives us hope. I am not trying to sound negative but too many rumors and speculations out there.
Although I do believe in a buyout in the next year or so.
Just not sure about right now with the way mgmt. is bungling things.
I knew you would like the fact that short interest is going down.
It is quite reassuring. I too have been very bust at work and the part time job has me doing way too much traveling. So I have also just been keeping an eye on things on my phone primarily.
I found some money sitting in a basically 0 interest bank account so I pulled it out and am watching, and waiting to buy more KERX.
Since they are going to play this game I am going to make some money on it.
Dave I just checked and short interest has dropped again.
We were 19.8 million short I mid June and now we are 17.1 short as of mid August.
There are still 2.5 million less shares short today then 2 months ago, even after this fiasco.
Got this from Nasdaq after hours.
Thought you would like to know.
OK, thanks I was hoping that was the number covered yesterday.
I believe Nasdaq will report how many were short at the end of July on 8-10.
Hoping that the total shorts is going down, but I really doubt it, unless there really are games going on here to drive the price down as some has suggested.
We will know in time.
Thanks for your response
So you are saying that another 759K covered yesterday?
Where did you see that.
I am not slamming you for that I am curious on where you saw it.
I have been wondering during this ridiculous fiasco whether shorts were covering.
Thanks for the info
Sentiment: Strong Buy
THanks for the response, your answer makes a lot of sense.
I was thinking the next week or 2 and you are thinking longer, makes a lot of sense.
If there are games being played here as some have said then may be this is a short term ordeal. Time will tell.
Gas I always respect your thoughts, so why do you think 3.50 is the bottom.
Not 4 where we were today
Appreciate your thoughts and thanks for responding
Sadie, I have another post where a lafirm is already starting an investigation into this.
Yes this is total BS but if they really are playing games hopefully sht flies.
As I stated in my other post the chances are there will be a buy out before any potential lawsuit could ever happen.
Good Luck and are you having problems placing posts.
This site is really screwed up lately
Almost as screwed up as KERX
This came over my TD Ameritrade news ticker at 5:41pm
On behalf of Keryx investors concerning the Company and its officers' possible violations of SEC laws.
GPM is preparing a lawsuit on behalf of injured investors.
Just wanted everyone to know about this.
So if some type of total B.S. is going on A law firm is already preparing.
Although the company will probably be bought out before any law suit can ever hit the courts.
I did not sell today, but once we settle down I may actually play the trading range just to make up for this B.S.
Although some here have said we will be back to 6 soon.
Dont forget we still have good news coming with the snda, and don't forget the EU partner that we now have NO product to sell to them. HAHA, but not funny- which is pathetic. For a couple of months anyway.
Once we get the product rolling again, and hopefully real soon then we will see what happens.
Jake going over some of the cc.
Could the snda be coming shortly and this is there last attempt at driving down the price.
As you said we are holding at 5, at least so far, very high volume.
I do agree with you that something is up
Sorry I said Dave when I meant to address you, Jake.
If there is a B.O. near could this new second supplier be the buyer???
Dave I said some of this to Das earlier today, in reference to the shorts covering.
9.25 million shares traded in 4 hours, with the majority in the first 2 hours.
I used to think EU partnership was coming BUT how can that happen with no product to sell.
I am still not sure if the B.O is right around the corner but I definitely think something is up.
I am getting so tired of this sht that if the BO came earlier at a lower price then let it happen and lets get out and away from these morons.
Correct, read my other post to you.
90 mins into trading and we have 7.29 million shares traded.
There sure seems to be something going on.
If shorts are covering then there is a reason why.
As you said we only know half the story
I have not heard the cc yet, BUT I was thinking the same thing.
Could they tweek the dosage and other differences between Japan's version and ours, and import.
According to responses below NO, but you were not the only one thinking this.
Das, wasn't there a supply issue a year ago?
Obviously not this bad but I think I remember a supply issue before and we got thru it.