KERX doing nicely today (up 5-6%). No news but there have been positive blogs about the new 1st quarter. Technical play? Chart looks bullish:
Charts don't mean squat in biotech IMHO. You can have an inverted triple-double serrated wedge pie reverse triangular formation (or some actual bullish technical indicator) and it won't mean squat if perifosine fails its Phase 3 trial.