AVXI Soars 150%, Can AVXI continue to run higher?
$Avenue Therapeutics(ATXI.US$ surged more than 150% in today's afternoon trading session.
This move follows a reverse stock split and product update provided last week.
For now, it’s clear that this $13 million market capitalization company is highly speculative. Investors looking to play this Pharma company ought to be aware of the risks. That said, in this market, momentum stocks continue to be sought out by risk-seeking investors. Thus, anything is possible in the near term with this runner.
This move follows a reverse stock split and product update provided last week.
For now, it’s clear that this $13 million market capitalization company is highly speculative. Investors looking to play this Pharma company ought to be aware of the risks. That said, in this market, momentum stocks continue to be sought out by risk-seeking investors. Thus, anything is possible in the near term with this runner.
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MoneyMaker13 : Supply and demand will force it up as long as volume and attention are there.