KERX - Keryx Biopharmaceuticals - NASDAQ

[Chris_Ben]

Did those big orders go through at .56?  I dont have my streamer running today.

[mkmny]

good buying at 56

There is def a company with money involved if you look premarket there where buys of 10k blocks at .64
retail would not waste their money like that, I think it was an attempt to make shorts cover.
any thoughts

[Dr PennyStock]

We have a higher low and a higher high, just hold and relax, I will tell when to sell, not today for sure.

[scott]

mkmny or anyone who is in the know about such things, the amount of shares shorted is only updated twice a month correct? So there is no way to gage how much of the 34% is still shorted, correct?

[mkmny]

correct,

I would love to say kerx is running, but I will say kerx is walking up a hill now and looking good. I would look for this sight to get updated and see what the fund managers with deeper pockets than us are doing.

http://www.thebuylist.com/default.aspx?Stock=kerx

so far many shares bought if they continue buying shorts will cover.

[mkmny]

good day all in all.

now trading at ask of .62 after hours last buy of 7500. probably will continue to fluctuate

[eq2bum]

correct,

I would love to say kerx is running, but I will say kerx is walking up a hill now and looking good. I would look for this sight to get updated and see what the fund managers with deeper pockets than us are doing.

http://www.thebuylist.com/default.aspx?Stock=kerx

so far many shares bought if they continue buying shorts will cover.

Just curious about this site.  It seems pretty informative from what i can tell.  Is it worth the subscription?  Or are there other sites that users can recommend?

[Chris_Ben]

The ask is now at .98.  Can we just open up the market for a half hour or so?? 

[mjstyle]

i don't get it how come the ask and the bid is so far apart?? and also isn't the market closed today?

[eq2bum]

Yes the market is closed to observe the easter holiday. 

[mjstyle]

yah since the market is closed how come the bid went up to 0.98?

[Chris_Ben]

Here is a great article that will get you up to date on after hours trading:

http://invest-faq.com/cbc/trade-after-hours.html

[mjstyle]

well the thing is i looked at
http://www.nasdaq.com/aspxcontent/ExtendedTradingTrades.aspx?mode=&page=afterhours&symbol=KERX&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&selected=KERX&FormType=&kind=&Leap=&mkttype=after&sel=afterhours&userinput=
and it doesn't say anything was trading at 0.98..

[Chris_Ben]

If I understand it correctly, which I am not sure if i do or not, people have their stop limits set for afterhours and that has drove up the ASK.  I would like to hear some others input on the question.  The BID is so low because the MM's are tools and underestimated the buyer's market. 

[mkmny]

the mm's don't have to participate. There fore the ones that do just leave opportunistic asks and bids in this stocks particualr case.

The good thing is that there is buying above the 6's def not retail as I would not pay 6 when we closed at .58