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Biotech / Medical : Kosan BioSciences -- KOSN
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To: Icebrg who wrote (837)9/29/2007 1:01:37 PM
From: Steve Lokness   of 933
 
Erik;

We also had the strange spike in the share price today. Which later collapsed and died - the spike that is, not the share price.

I watched that move on KOSN - was too fast for me to do anything about it. Might it have been window dressing for end of quarter by someone? That would be my guess. From a high of 6.40 and a low of 4.59 which were both within minutes - and then back to a steady 5.00 for the rest of the day, it does make you wonder. And then after hours trades above the close (4,200 at 5.3848)?

As a separate issue, where does the "48" come from on the purchase price of that after hours trade? Does that mean it comes from a different currency or something? Maybe SEK?

steve
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