Thursday, November 14, 2013

NeuroMetrix (NURO) Spikes Up Again on Heavy Volume--Why?

NeuroMetrix (NURO) continues to trade in a way that I don't understand. On 02013.11.07 (one week ago) I had a posting titled: "NeuroMetrix (NURO) Spikes Up on Heavy Volume--Why?".

Here is a summary of NURO's November prices. 02013.11.01 NURO closed at $1.53. 02013.11.06 NURO closed at $1.91. 02013.11.07 NURO close at $2.41 after hitting an intra-day high of $3.09 (volume was 9.55 million). 02013.11.08 NURO closed at $1.98. 02013.11.11 NURO closed at $1.83. 02013.11.12 NURO closed at $2.24.

Yesterday, 02013.11.13, NURO closed at $2.79. Volume was 4.42 million versus 0.33 million.

Today, 02013.11.14, pre-market (which means nothing to me), NURO is at $3.45 (up 16+%). 52-week range: $1.47 - $3.66.

[02013.11.14] NURO opened this morning at $3.04, spiked to an intra-day high of $3.09, and closed at $2.61 (down ~6.5%). Volume was 5.34 million vs. 0.33 million.

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