Alkane Inc (ALKN)

[eibbanker]

Thanks Prince- can not really be sure as I do not have enough information (ie. investor % breakdown like you get when you look at big listed stock and institutional holdings). the volatility can be compared to other stocks - look at the beta. Go to Nasdaq website on the summary screen and look at say NSDM and MAGR. NSDM has a current beta of -.94 while MAGR has a beta of -2.11 (therefore for swings of the index NSDM is closer tied (for example a beta of 1.1 means that for every 1% move of the index, the stock will move 1.1%. Therefore less volatility. Beta coefficient for NSDM on Pinksheets.com says .42 so I am not sure which one to use.

For now my guess is that it is currently less volatile right now because no real pressures pushing it up or down but extreme interest (that is why volume)- also because of shares outstanding.

go to allpennystock.com and see that each day NSDM has been consistently in the top 25 for volume yet notice that the leaders above it have very low price- Currently there is only one stock with a higher price with that volume- USXP... but then look at potential- NSDM has hit a high of 1.20 and low of only .01 and has not been below .057 for a few months- that is why I think it is a good risk investment. And upswing potential not just spikes when potential news (which will also happen) but if great news release it could open huge. USXP has been as low as .006 and high of only .13 so NSDM looks better just by numbers and NSDM has breaking news potential that could jump the stock. Look at Vaxgen (VXGN ticker)- it was around $3 then rumour that they would get opportunity to sell vaccines to the UK and immediately went to $14 now at $10 (but a 52 week low of 2.11 and $23 for 52week high- again- shows huge upswing potential on great news- like NSDM when and if it happens.