Altair Nanotechnologies (ALTI) Spikes Up on Heavy Volume

Altair Nanotechnologies (ALTI) is a GDT::Portfolio bottom-feeder. The company has once again changed upper management and yesterday (Friday, 02013.10.04) ALTI shares closed up 19+%. Trading volume was 10.7 times the trailing-3-month average.

I was hesitant to post this posting because I'm fully aware that ALTI could give it all back this coming Monday; nonetheless, I would be good for the GDT::Portfolio if ALTI moved into the top 15 (right now it's at #22).

ALTI closed on 02013.10.04 at $3.16. 52-week range: $2.02 - $4.32.

[02013.10.08] Yesterday (Monday, 02013.10.07), ALTI closed at $3.56, up ~16%. Intra-day high was $4.30, just two cents below its 52-week high. Volume was 385,800, ~22 times trailing-3-month average. ALTI was up even though the NASDAQ was down almost 1% for the day. I have not seen any "news" that account for the last two days of trading in this stock.