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» Allstocks.com's Bulletin Board » .11 and Up! » ALZM - Huge volume alert. News out After hours Friday.

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Author Topic: ALZM - Huge volume alert. News out After hours Friday.
Trader273933
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I follow unusual volume to track the activity in the penny stock market and on Friday this stock ALZM traded 10 million shares and no news was released during the trading day. This leads me to believe that something is up with this stock, and it may be under heavy accumulation. Later in the day on Friday my hunch was correct and after the closed there was news about this company buying out another company in a reverse merger type deal titled: ALZM Acquires Organ Transport Systems. I think this stock will be in play tomorrow. It should gap and run. I expect $1.50 at least in the next few days and probably 2+ in the next week or 2. KNKT was the last one that displayed the same volume spike before a huge move and look how it did .80 to 2.89 in a few weeks.

http://biz.yahoo.com/iw/110311/0731754.html?.v=1

Posts: 35 | From: Florida | Registered: Jan 2011  |  IP: Logged | Report this post to a Moderator
   

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