AlphaRX – Review January 2010

After trading as high as $0.19 late last July the stock traded down to $0.07 on Dec. 7. During the dying days of 2009 the stock has traded wildly in a $0.075 to $0.16 range and closed out the year at $0.12. As much as I would like to offer a definitive opinion on future movement, I am hesitant to do so because of the huge decrease in trading volume during the past week of trading. The one positive is that the stock is trading above the 200 day moving average at $0.11.
The sell-off from last July appears to have been reversed and certainly any sustained and increased volume at the $0.11 level will bode well for future price increases.