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EnigmaDude (53.41)

Breaking Away

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September 17, 2010 – Comments (4) | RELATED TICKERS: AEZS , KERX

There does not seem to be any news today that would explain why AEZS is breaking out.  Perhaps there is another Fool who can help explain why the stock is up as much as 20% today?  I think this one still has a long way to run.

KERX is also making a nice move this week.  Perhaps there is some news coming out regarding perifosine.  Anyone?

4 Comments – Post Your Own

#1) On September 17, 2010 at 1:52 PM, portefeuille (98.78) wrote:

It may have to do with this article.

Why AEterna Zentaris Is Worth Double

The price of AEZS shares likes to jump around a little ...



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#2) On September 17, 2010 at 3:06 PM, EnigmaDude (53.41) wrote:

thanks port.  I saw that article and wondered if it was enough to move the stock.

Also, Mueller Water (MWA) is making a nice move today.  Could be a good time to add that one to your fund!

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#3) On September 17, 2010 at 4:51 PM, TMFBlacknGold (92.09) wrote:

I doubt 13 million shares are the result of an article. KERX and AEZS enjoy nice bounces every few weeks. Then get shorted. However, after each bounce KERX sets a new, higher floor. For instance, it touched $3.03 this summer then went to $4.2. Then just last week it was at $3.5 and shot up from there. I would bet it'll come back down since no Phase 3 updates are expected any time soon. If you time it right and buy in on the lows you could be sitting pretty in a year =)

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#4) On September 20, 2010 at 11:11 PM, naughtyguy (33.83) wrote:

 Another bio-tech was in the news (9-17-10) for getting a buy-out bid and was up 54% when I read about it. Shorts in AEZS must have gotten nervous with thoughts that the same could happen to AEZS and bought back shares in AEZS while other investors were accumulating for the same reason. I sold all mine at $1.38 and hope to get back in about $1.15.

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