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Advanced Life Sci Hold ADLS

Advanced Life Sciences Holdings Inc is a biopharmaceutical company, which is focused on the discovery, development and commercialization of novel drugs in the areas of infectious disease, oncology and respiratory disease.


GREY:ADLS - Post by User

Post by david39on Jul 28, 2010 4:43am
369 Views
Post# 17302306

ADLS

ADLSADLS is a good learning experience for investors – teaching the importance of patience. The stock gapped higher Tuesday morning and represented a strong selling point for investors. In the morning, the price dropped from a high at
.0495 to a low of
.043. The selling did not trigger a sell signal, so people held on. Volume was incredibly low and people were expecting that as volume picked up, so would the price. By the end of the day, ADLS traded 1.6 million shares and closed at
.048.
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