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Bullboard - Stock Discussion Forum Allon Therapeutics Inc NPCUF

Allon Therapeutics, Inc. is a Canada-based Company, which develops treatments for neurodegenerative diseases. The Company is engaged in pre-clinical and clinical development of proprietary neuroprotective compounds which may be applied for the potential treatment of Alzheimer's Disease, Parkinson's Disease, senile dementia, glaucoma, traumatic head injury, neuronal damage due to stroke and... see more

GREY:NPCUF - Post Discussion

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Post by mike49 on Jun 04, 2016 2:13pm

Volume

Big spike June 1 no price change
Low volume yesterday for 10% price pop but more trades than previous 5 days.
May or may not be the proverbial "someone knows something"
I might have to rethink my portfolio percentage rules here
Cheers
Comment by goldens on Jun 05, 2016 9:25am
Yes volume is always an indicator either way. I am not sure this means a buyout but rather we are just getting to a price that reflects fair value. Still not there in my opinion since stocks normally trade on future value plenty of room ahead. It will be interesting to see what tomorrow holds.
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