Therapix Biosciences Ltd ADR TRPXY

TRPX today

[Fundy13]

Another day with nice movement and pretty good volume compared to normal as well.
Hopefully next week we get some news.

[easyas123]

Something has to drive a bump in price like we see today. Fingers crossed.

[StuinSea]

I think it's due to the whole sector being hot today. A lot of money coming in.

[Fundy13]

With a stock this thinnly traded it just takes one person wanting to buy ahres and putting in a market order.  We saw this bump to $4.20 a little bit ago and drop back down, so we will see if this was just a one day thing or if it continues today.  If we get a couple days then it would be more meaningful

[StuinSea]

Actually that was me. The ask was $4.20 and I put in a bid for 150@$4.20 TD Ameritrade filled it @$4.10.

[Fundy13]

Well this certainly looks promising.  Up 15% and more volume then we have seen in the past month only two hours into the day.  I would say this is looking more like something's up.

[Fundy13]

I think it is pretty safe to say somebody knows something good is on the way soon. Up 25% on 180,000 shares traded.  Most volume since Dec 21 by a good margin. We might even break $5 today, although I am in this for at least $8. I can't see them taking less then that in any agreement and likley more. Hopefully those who stuck this through are rewarded.

[StuinSea]

I really hope you're right Fundy, but I see CRON@$24.61, APHA@$10.85, & CGC@$51.00. The whole sector is smokin. However I added 500sh@avg of $4.38 just in case.

[Fundy13]

The trend continues for the third straight trading day, over 160,000 shares traded including two 20k+ trades with share now over $5.

[StuinSea]

I didn't see the 2 over 20k, but that's great. Still seems like a MoMo thing to me. Still the analyst said it was worth $18 and we there was a buyout at one time for over $13. News to back-up this move would really launch the PPS.

[Fundy13]

Absolutly news would be great.  I wonder if they could be close to any significant update regards any of the trials going on?  $5 was the IPO price and they have made significant progress on thier drug trials since then.   If nothing else the bump in share price will help if they need to issue any more shares to raise capital.  I do not think it comes down to that, but the

[easyas123]

Pretty crazy how much volume we had for a couple of days and then nothing. Would be great if we were in some sort of a black out period awaiting news.

[Fundy13]

500,000 shares traded in two day and now back to less then 50,000 per day.  Somebody wanted to buy shares.  I was starting to think that a takeover bid could be coming when 20% of the companies shares changed hands in 3 days.