TELIK INC (NASDAQ:TELK), Down By 16.15% ($0.03) From $0.192 After BUYINS.NET Report Predicted Stock Would Go Down Due To Bearis
December 28, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Thursday, December 22nd 2011 stating that TELIK INC (NASDAQ:TELK) was expected to go Down due to the Bearish conditions presented in the following report. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=telk&id=225432
At the time this story was written, TELIK INC (NASDAQ:TELK) is Down By $0.03 (16.15%) since the BUYINS.NET report was released.
The movement of stock prices in the days and weeks leading to and following specific fundamental or technical events may follow a predictable pattern. Many companies stock price histories show random or unpredictable movements around certain events. But some seem to repeat the same pattern quarter after quarter, year after year. We use powerful computers to uncover those events and correlations to generate predictions with high probabilities of generating very specific returns within very specific time periods.
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TELIK INC (NASDAQ:TELK) - Telik, Inc., a clinical stage drug development company, focuses on discovering and developing small molecule drugs to treat cancer. The companys advanced investigational drug candidates in clinical development are TELINTRA, a modified glutathione analog for the treatment of cytopenias due to myelodysplastic syndrome or chemotherapy; and TELCYTA, a tumor-activated prodrug for the treatment of advanced ovarian cancer and non-small cell lung cancer. Its preclinical drug product candidates for the treatment of cancer comprise TLK60404, a small molecule compound inhibiting Aurora kinase and VEGFR kinase; and TLK60596, a small-molecule dual inhibitor of VEGFR1 and VEGFR2 kinase. Telik's product candidates are discovered using its proprietary drug discovery technology, TRAP that enables the rapid and efficient discovery of small molecule drug candidates. The company was founded in 1988 and is based in Palo Alto, California.
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Seasonality -- predicts probability, price move and length of move based on exact time of year for all US stocks.
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Pattern Scan -- automates tracking of every technical pattern and predicts time and size of move in all stocks.
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