AVANIR PHARMACEUTICALS (AVNR)

[Prudent Capitalist]

Nice upward movement in AVNR this am. Today is AVNR's 2nd major investor conference presentation this month, the first being last Tuesday the 4th. And, we all remember what AVNR's PPS did after that one, i.e. rocket ship. Perhaps the buying this morning is in anticipation of this afternoon's AVNR presentation, which will come at 2:30 Pacific Time after the markets are closed. It will be interesting to see if tomorrow brings the kind of upward movement we saw last week in AVNR shares.