Friday, January 8, 2010

APHY - Up 116% On Breakout Volume and Impressive Demand For The Stock


APHY surged in late afternoon trade as buyers swooped in to grab shares of Assured Pharmacy, Inc.  With almost 10% of the outstanding shares traded within a 2 hour window there is a good chance this stock will see further upward movement on Monday.


The next target for APHY is $.02, although the bid might surpass that price before the open.  A price breakout such as this can be indicative of a stock that is coming out of dormancy and becoming active again.  I have no indication yet as to exactly the root of this rally, but if I can find something to add I will.  If any readers out there have any information they would care to provide that would be helpful.

Outstanding Share Count:  56,006,113 as of Aug 11, 2008
Company Web Site:    http://www.assuredpharmacy.com/ 

Keep a close eye on APHY this coming week.  





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