Today, Spherix doubled on news of the U.S. Senate removing a patent reform bill from the committee's calendar. It gained another 10% after hours.
The price action brought a volume of over 44,000,000 - the daily average is just short of 700,000. The 52wk range is 1.19 - 27.86.
I have trouble believing this can keep it's traction, and I have a feeling it's a short play (Day trade). Some pretty sketchy numbers surrounding this stock. What does everyone else think?
Read an article about the spike here
Submitted May 27, 2014 at 06:38PM by Starky513 http://ift.tt/1jZEHJH
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