ALLP is moving nicely on sudden volume.
The big hold up for this company for years has been lack of financing. Today's volume makes me wonder if something is going on with that. be interesting to see how this one plays out over the next few days, but definitely high on my list.
Alliance Pharmaceutical Corp. (Alliance) is a pharmaceutical research and development company that is focused on developing its lead product, OXYGENT, (perfluorochemical (PFC) emulsion) an intravascular oxygen carrier designed to augment oxygen delivery in surgical patients. The Company is involved in a number of collaborations with third parties, including Beijing Double-Crane Pharmaceutical Co., Ltd. (Double-Crane), Leo Pharma A/S. (LEO) and Il Yang Pharm. Co., Ltd. (Il Yang).
Any penny can pop on any given day. Question is can you find the right one at the right time?
