SOMX - Somaxon Pharmaceuticals, Inc.

[ZeroHealth]

The market is way cooled off over yesterday, and in my opinion we should see some pullback within the next few days. The end of today is very likely...

[edh]

I wonder what caused the initial rally to start with. It looks like it has settled around $2.9 range. I am planning on holding on still I bought it at $4.2 range. If there is some news that got leaked and it is going to be finalized on Monday there might be a rally. Keeping my fingers crossed.

[NOBULL]

Looks like this stock still has some legs. heavy support at $2.90. anyone know the potential of their drugs. market value etc.

[Blebboi]

I got in at 2.7, waited too long in the beginning, I could get in at 2... So now i?m long untill December... 20 $ right?

[redrobot]

does anybody know why it went up in the last 2 hours?

[jy02354441]

Lots of rumors around

[wam]

Lots of rumors around

Early rumors were of fda having early look at the drug than Dec. Drop from 3 may be related to insider selling of 500,000 shares at 3.15. Only upside from current price be positive clinical data

[Cynicoren]

I think that that surge you talked about was due to this report on that Biomed blog. I noticed that many stock surge once they are reported there, but they dip a few days later.

[yeppi]

Where did you get this information (insider selling of 500,000 shares at 3.15)? I would appreciate to know. Thanks. yeppi

[wam]

Holder BOXER CAPITAL LLC Sells 500,000 Of SOMAXON PHARMACEUTICALS INC >SOMX

SOURCE: Form 4

ISSUER: SOMAXON PHARMACEUTICALS INC
SYMBOL: SOMX

FILER: BOXER CAPITAL LLC
TITLE: Shareholder

DATE TRANSACTION SHARES PRICE VALUE
7/27/09 Sale 500,000 $3.10 $1,550,000

OWNERSHIP: 971,489 (Direct)

The Form 4 is filed with the Securities and Exchange Commission by insiders
to report transactions in their companies' shares. Open market purchases
and sales must be reported within two business days of the transaction.

Insider Data Source: The Washington Service
(info@washingtonservice.com or 301-913-5100)



(END) Dow Jones Newswires

July 29, 2009 16:48 ET (20:48 GMT)