ddbuyer (Investor Village) has initiated a position in ALQA. He has quite a following. He has already gained 30% plus since his initial investment. Other than that, I see no other reason for the spike.
that guy made a killing buying NAVB stock for pennies when it was NEOP. if he is buying ALQA he sees a good future. he can hold for years to get the return he wants so may not be a fast trade though.