This blog covers the stocks that are part of the GDT::Portfolio.
Friday, November 11, 2011
Aastrom Biosciences: 14 Nov 02011 is a Big Day
Aastrom Biosciences (ASTM) is having a good day today on Friday, 02011.11.11, thanks to traders speculating about what the company will announce on Monday, 02011.11.14. Headline: "Final 12-Month Results From the Aastrom RESTORE-CLI Phase 2b Clinical Trial to be Presented at the American Heart Association Scientific Sessions 2011 on Monday, November 14, 2011." Right now at 11:09 MST on 02011.11.11, ASTM is at $2.72, up 6.25% for the day. Intra-day high has been $2.84. 52-week range: $2.01 - $4.45. With 2+ hours left before the market closes, trading volume was almost four times the trailing-3-month daily average.
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ASTM closed at $2.75 on Friday, 02011.11.11, up 7+% for the day. Trading volume was 1.23M versus 0.25M. After the market closed, the company announced "Aastrom Biosciences to Hold Research and Development Day Review for Investors on November 17, 2011."
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