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dude iligence

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dude iligence

Re: None

Wednesday, 11/23/2011 11:07:15 AM

Wednesday, November 23, 2011 11:07:15 AM

Post# of 304048
ALIM $1.2 7 mil Float $1.26 cash per share This is a MONSTER Bounce play in the making. Nov 11 FDA rejects 2nd trial but 2 remain. company has 36million in cash over 60% of shares are held by institutions. Stock was trading at $8 a share. It dropped on an intraday gap from $6.33 to $2.55 when someone did a market order into very light volume. Since then it has been caught in the market downdraft. Expect positive news sometime next week. The low volume from the holiday and the downward push of the market make for a great buying opp today. Intraday chart shows good size blks being bought up.

A move into the gap $2.55-$6.33 is coming soon.

http://stockcharts.com/h-sc/ui?s=ALIM&p=D&yr=0&mn=4&dy=0&id=p86405082568
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