ISON - Up 71%
Wednesday, April 11, 2007
Chart courtesy of stockcharts
ISON shares was up 71% to 1.83$ after company announced today that it has entered into an agreement with Cornell Capital Partners, L.P. ("Cornell" or the "Lender) under which the Lender has modified their existing debentures in a manner that will allow the Company to reclassify a component of their existing debentures as equity. Isonics believes this reclassification will result in gaining compliance with Nasdaq Listing Requirements. Since, since January the company already lost half of its value of market, so pay attention in coming weeks to ISON shares. Looking at the chart stock still trading in a Bearish Market.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
Labels: ISON