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Monday, 09/29/2014 11:00:07 PM

Monday, September 29, 2014 11:00:07 PM

Post# of 124
Bearish behavior for Alcobra • 4:12 PM
Douglas W. House, SA News Ed...
Thinly-traded micro cap Alcobra (ADHD -18.3%) plummets on a 4x surge in volume. The drop takes out the recent up move which started on September 16. Shares peaked at $21.53 on September 23 representing 34% rise from the September 11 low of $16.06.
On September 22, the company announced that it had completed all patient follow-up visits in its Phase 3 trial of Metadoxine Extended Release. The top-line analysis is due in another week.
If the down trend continues, then it is a clear signal that somebody knows something and it ain't positive. Longs beware.
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