KERX - Keryx Biopharmaceuticals - NASDAQ

[vanguard223]

This stock is starting to annoy me.  I bought in a while back and it's just been creeping sideways ever since.  I'm thinking of dumping it since it's tying up money I could be using more effectively.   

[joseagro]

agree with you, at least it´s not delisted like others

[Dr PennyStock]

Today tested again the PAR SAR as support, I've decided, next time it prices above .50, I will sell.

[joseagro]

Something strange today, have you seen volum at close?

A trade of 2.400.000
And Afterhours vol is above 1.400.000
Price afterhours 0.4863

Something is happening here.

[joseagro]

Afterhours vol:

17:07      $ .48     643
17:06     $ .48    643
17:00     $ .4863    216,140
16:49     $ .48    35,373
16:46     $ .48    267,294
16:44     $ .4801    61,995
16:43     $ .48    2,876
16:42     $ .48    2,310
16:41     $ .48    77,129
16:41     $ .48    75,800
16:32     $ .48    57,948
16:24     $ .48    76,248
16:22     $ .48    566,677

[Dr PennyStock]

Something strange today, have you seen volum at close?

A trade of 2.400.000
And Afterhours vol is above 1.400.000
Price afterhours 0.4863

Something is happening here.

Agree, something is happening, this is a monster volume compared with the average, finally the shorts are covering? Monday will be good, IMO.

[joseagro]

Really strange here is not price variation, almost all trades are around 480.
With this vol it should go up or down

[joseagro]

Maybe this is related:

 On June 5, 2008, Beth F. Levine, Senior Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary of Keryx Biopharmaceuticals, Inc. (the “Company”), submitted her resignation to the Company. The resignation will be effective on June 27, 2008.

[joseagro]

Afterhours trades go on:

17:46      $ .4801     167,820
17:39     $ .48    115,897
17:36     $ .4801    5,800
17:34     $ .48    7,651
17:17     $ .4801    34,555
17:14     $ .48    34,555
17:11     $ .48    30,599
17:07     $ .48    643
17:06     $ .48    643
17:00     $ .4863    216,140
16:49     $ .48    35,373
16:46     $ .48    267,294
16:44     $ .4801    61,995
16:43     $ .48    2,876
16:42     $ .48    2,310
16:41     $ .48    77,129
16:41     $ .48    75,800
16:32     $ .48    57,948
16:24     $ .48    76,248
16:22     $ .48    566,677

[Dr PennyStock]

Maybe this is related:

 On June 5, 2008, Beth F. Levine, Senior Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary of Keryx Biopharmaceuticals, Inc. (the “Company”), submitted her resignation to the Company. The resignation will be effective on June 27, 2008.

It's possible, maybe the company bought his shares, but, I prefer the first possibility I've talked about, the shorts are covering 

[joseagro]

Hi Doc, i´d prefer your option too, but i have 2 questions then:

1) Covering in AH?
2) No price variation??

Let´s see today what happens

[joseagro]

not volume today, this is really really strange........

[joseagro]

up +5%, not bad at all

[Dr PennyStock]

Hi Doc, i´d prefer your option too, but i have 2 questions then:

1) Covering in AH?
2) No price variation??

Let´s see today what happens

1 - OTCBB stocks don't trade after-hours, these trades were traded during the day, but, were published after the close.

2 - Due to the high volume, this was possibly a private deal between the buyer and the seller, this explain why no price variation.

[vega-68]

re-entry point here?