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Biotech / Medical : Apricus Biosciences

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From: mokelumne river	1/15/2016 4:59:32 PM
	Read Replies (2) of 2026

It is too easy to believe that the low market caps associated with cheap share prices reflect the actual valuation of stocks. In fact, most often there aren't too many shares available at those cheap prices. Note today's close. It took about 400k shares on the buy side (in the last 35 minutes of trading) to drive the price from 81 cents to 130 cents for a market value increase of roughly $25M if my numbers are right. Now if somebody wants to explain today's action in light of the $10M direct offering, please have at it. Regardless, the direction of price action is a welcome change. James

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