Saturday, August 3, 2013

Aastrom Biosciences (ASTM) Spikes Up--Why?

Aastrom Biosciences (ASTM) spiked on Friday, 02013.08.02, and I don't know why. ASTM has been a terrible investment for the GDT::Portfolio, so I am skeptical of yesterday's 35.6% gain.

ASTM closed on 02013.08.02 at $0.59. Intra-day high was $0.68. 52-week range: $0.33 - $1.94. Volume was 3.87 million vs. 0.37 million.

ASTM crashed during March of this year.

[update::02013.08.05] ASTM closed today at $0.77, up 31.2%. Volume was 4.44 million vs. 0.37 million. Still, from my vantage point, there's been no news.

1 comment: