KERX - Keryx Biopharmaceuticals - NASDAQ

[Dr PennyStock]

In my opinion it will be very healthy to the stock to test again .54 as support, it will create another good buy point, and drive the stock to new highs.

[jason22]

Lets just hope KERX doesn't want there stocks to be delisted

[HELLAS1]

Dont want their stock to be delisted and dont care to be delisted are two different things If they dont care, they wont do anything about it...... If they want it to be delisted, they can sitback and do nothing...

BTW, any luck on those EMAILS to the SEC or KERX? I forgot who sent them....

[jason22]

Do you have to pay a fee to get back on the list???

[Dr PennyStock]

Don't bother with that, we just want to trade the stock for a few days, to a stock be delisted takes much time, months.

[jason22]

Thanks for the knowledge doc

[mkmny]

damn the resistance is strong,
Lets hope we break through

[Chris_Ben]

Someone's still got ahold of our coattails, hopefully they will let go soon.

[mkmny]

well doc it touched support again and reacted nicely, lets see what happens buys keep comming in but so do sells.
Break down the .56 wall 

[fidel]

keryx inks $100M deal with Japan Tobacco   (Will this $$ 20MM they get in April give this stock some movement UP???)
September 26, 2007
Tags experimental therapy Phase II
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Japan Tobacco and its subsidiary Torii Pharmaceutical will pay up to $100 million for the Japanese licensing rights to Keryx's experimental therapy for high phosphorous levels in the blood. Up to $20 million of that money will become available by April, 2008. The drug, Zerenex, is in Phase II clinical trials in the U.S.

"They have proven themselves to be ideal partners for smaller U.S.-based biotechnology companies seeking development and commercial partners in Japan," said Michael S. Weiss, chairman and CEO of Keryx, about his new partners.

http://www.fiercebiotech.com/story/keryx...

[Chris_Ben]

So if they exercise the short(s) do we see that volume come through or would that have been seen in prior weeks?

Fidel - that news came out yesterday, the market has already taken that into consideration, unfortunately the MM's did not.

[mkmny]

Yeah I've had that at the ihub kerx board for 2 or 3 days.

for news and professional analysis check out the ibox, I put some great information up.
we are just trading sideways in this channel. we need more volume to rbeak resistance and shorting

[mkmny]

no those news are from septmeber 2007

the important part is the 20million (upto) they will receive from that contract in april 2008.
This will be the first payment of the 100million, they have not received any thus far

[Chris_Ben]

Would they even hold a PR for that?  i dont think too many of us plan on holding this till April.

[mkmny]

just good news, if they have 60some million on hand they will have an extra 20 million from this contract.

we keep testing resistance but shorty keeps pulling us back