See what I am talking about with this one up over 7% on 34,000 shares traded. Now tomorrow it will be probably be down 10% with only 10,000 shares traded. I would like to see a bit of a rise before earnings are released. Hopefully volume will explode after there results. Along with the share price! LOL
Volume was not impressive today! Hopefully volume will start to climb in the coming days. If not we may just have to wait till Q1 until the big move comes. Can't believe it stayed under $1. They need to realease a press release about their full year and fourth quarter results. More people read them then the filing! Tempted to buy more at these levels!
Agree we'll get upward mo starting tomorrow with this report. But what will keep the mo going down the road is the release of new products- the lifeblood of any pharma company. To this end, LTUS has a big bump in R&D expenditures:
"For 2007, research and development costs amounted to $2,411,651 as compared to $387,337 for 2006"
Considering the dramatic rise in net income (153%) while still increasing R&D by over $2M for the year, I'd say they've got the pipeline primed.