KERX - Keryx Biopharmaceuticals - NASDAQ

[HELLAS1]

Yea I dont know about these guys, Im almost better off dumping what I have left into some VISA call options tomorrow, KERX is a headache...

[mkmny]

fo you guys not familiar with shorting and naked shorting

read the following article it will explain it alot better than i can

http://www.thestreet.com/university/askthestreet/10292209.html

[rb122756]

You mean there are dishonest people on Wall Street ? Shocking !

Great article explaining the situation.  Thanks.

[jason22]

Can't the SEC do an audit to see the MMs trading pattern? 

[tess]

Could the company(Kerx) do anything with this? Or they just are quiet for their stocks be falling

[HELLAS1]

If they (KERX) have any desire to pump up the price of their stock, what they can do is buy back some of the stock that is flowing around, and this would do two things: 1) the stock price would jump up instantly due to the massive purchase KERX would make 2) the people who have short positions on the stock will most likely get rid of them for fear that they will miss out on their maximum amount of profits. This makes for a 1 2 punch that launches the price of the stock northbound

If KERX would announce a buyback, it would be a certain over $1 stock price. The problem is KERX does not really have that much free money just lying around for stock buybacks, they need whatever they have for research and salaries. But like I said, if they have any interest in staying in Nasdaq, they will most likely have to do a buyback if all else fails. But they would certainly announce something like that..... Im not sure if it will happen, it would be nice, but I dont think it will happen anytime soon, they have I think six months to get their stock price back over 1 dollar

[mkmny]

great thoughts!

what do you guys make of the recent 13g's
there are 3 of them and they all represent investment companies that hold each over 2 million shares.
I am sure keryx expected a drop in pps, not to be naked shorted but a drop none the less.
Doc what do you think of the 13g's I know you like the technical aspect of analysis but take a look.
Kerx doesn't have to buy back shares they can get large investment funds to buy in anticipation of the stock regaining value.


I've been reading every analyst research on this stock and most have them as a hold some as buy.

here is a quote from one of them
"While Sulonex has been the primary value driver for the company, we continue to believe Keryx offers investors upside relative to the post-Sulonex data downside. The company plans to begin a high-dose Zerenex trial and pivotal trial for perifosine in 2Q08. We expect data from Zerenex’s animal toxicity study in canines to be reported in 3Q08, and we expect data from both the high-dose Zerenex and Part 1 of the perifosine pivotal trial to be reported in 2H09. We maintain our Buy rating"

[mkmny]

a short pps valuation


KERX undervalued!!!!!

ValuEngine accesses KERX at 7.91
http://www.valuengine.com/ve/mainve

I hope they are right!!!!!!!!!!!!!!!!

[Dr PennyStock]

Wow that is wrong, I can see how they can manipulate the stocks by keeping whats left over to themselves.   

So basically there trading pattern would look somethign like this?

Short KERX at .68, KERX goes to .67, Short more shares at .67 and stocks goes to .68, short more at .68 etc... till it closes to .65 eventually making a downtrend.  They then easily pocket the couple cents at the closing.  Then buy more the next day at .65 hoping it will be a long due to a gap?

Yes, and making that they completely burn the buy power.

[Dr PennyStock]

You mean there are dishonest people on Wall Street ? Shocking !

Great article explaining the situation.  Thanks.

  , brokers, market makers, SEC is all the same s$%t, they don't finish with this because they have interest in maintain the things this way, do you think that this guys think in us?? They just want to use us to make money, even the CEO's and CFO's from the companies don't think in the investors good, they don't care, look the Enron example, Worldcom and many others, you must count only with yourself, never trust management of a company, even from blue chips.

[Dr PennyStock]

Can't the SEC do an audit to see the MMs trading pattern? 

They play on the same team, forget the SEC.

[Dr PennyStock]

Could the company(Kerx) do anything with this? Or they just are quiet for their stocks be falling

Yes, the company can make a buyback for example, that will cause a short squeeze, but, like HELLAS1 said on his comment above, they don't have money to that.

[Dr PennyStock]

great thoughts!

what do you guys make of the recent 13g's
there are 3 of them and they all represent investment companies that hold each over 2 million shares.
I am sure keryx expected a drop in pps, not to be naked shorted but a drop none the less.
Doc what do you think of the 13g's I know you like the technical aspect of analysis but take a look.
Kerx doesn't have to buy back shares they can get large investment funds to buy in anticipation of the stock regaining value.


I've been reading every analyst research on this stock and most have them as a hold some as buy.

here is a quote from one of them
"While Sulonex has been the primary value driver for the company, we continue to believe Keryx offers investors upside relative to the post-Sulonex data downside. The company plans to begin a high-dose Zerenex trial and pivotal trial for perifosine in 2Q08. We expect data from Zerenex’s animal toxicity study in canines to be reported in 3Q08, and we expect data from both the high-dose Zerenex and Part 1 of the perifosine pivotal trial to be reported in 2H09. We maintain our Buy rating"

To be honest I have no idea what they can do, you must think in our money and save our skin, if we have some good news or a technical reversal today, good, if not, better sell and recover the money with other stock.

[Tommy86]

Could the company(Kerx) do anything with this? Or they just are quiet for their stocks be falling

Yes, the company can make a buyback for example, that will cause a short squeeze, but, like HELLAS1 said on his comment above, they don't have money to that.

what about financing it with convertible debentures? 

[scott]

what about financing it with convertible debentures?

funny man