Midday top 10 gainers: ALDA +54%. SINO +29%. CYCC +17%. LTBR +12%. CORT +12%. SAB +11%. EDMC...

Midday top 10 gainers: ALDA +54%. SINO +29%. CYCC +17%. LTBR +12%. CORT +12%. SAB +11%. EDMC +10%. CPGI +11%. PRIS +10%. ACLS +10%.
Midday top 10 Losers: UEPS -56%. GERN -24%. EXA -22%. CUR -20%. SSN -19%. PPHM -16%. IQNT -18%. PBY -14%. GURE -12%. LEDS -12%.
Comments (3)
  • Iqbal1
    , contributor
    Comments (54) | Send Message
    Any one have an Idea why CUR is very volatile for last two days ?
    4 Dec 2012, 01:09 PM Reply Like
  • haleiwahu
    , contributor
    Comments (4001) | Send Message
    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
    , contributor
    Comments (54) | Send Message
    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
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