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Iqbal1 Comments (37)
 
Any one have an Idea why CUR is very volatile for last two days ?
4 Dec 2012, 01:09 PM Reply Like

haleiwahu Comments (3029)
 
Iqbal - This is what I found. I watch articles on ALS. The huge swings in CUR started to occur back in August, after the company sold off 6 million shares in an attempt to raise capital for the clinical development of their line of stem cells (currently called NSI-566) for the treatment of Amyotrophic Lateral Sclerosis (ALS, or Lou Gehrig's Disease). Shares flirted with a break of $.50/share until August 27th, when the company issued a press release that stated that Phase I trials were complete. CUR rallied as high as $1.96/share on the huge excitement over this development, but pulled back until the company released some more news in their third quarter earnings release. Back down to $1.13 today
5 Dec 2012, 11:20 AM Reply Like

Iqbal1 Comments (37)
 
Dear Haleiwahu,
Thanks for the details was aware of the issue and even why they raise 6 MM other wise they would have been in serious financial trouble. even I write on the subject in the last issue.
thanks for your reply but interested to find the reason of last two three days only huge volatility why?.
Any how thanks a lot for your time & efforts.
Have a nice day Sir,
6 Dec 2012, 10:03 AM Reply Like