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IsoRay (ISR) Spikes Again on Announcement of Presentations at Weekend Conference

By  +Follow April 1, 2014 6:16AM
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Shares in small-cap health care company IsoRay (ISR) took off again on Tuesday after announcing plans to present five papers at the upcoming Annual Meeting of the American Brachytherapy Society (ABS).

"IsoRay is pleased to once again participate at the ABS annual meeting,” said CEO Dwight Babcock. “At this venue, thought leaders including Drs. Ron Benoit, Sushil Beriwal and Ryan P. Smith of the University of Pittsburg Medical Center (UPMC), Drs. Bhupesh Parashar and Gabriella Wernicke of Weill Cornell Medical College, and Dr. Brian Moran of the Chicago Prostate Center will be panelists or present their papers documenting their experiences and success in using our products.

IsoRay’s stock gapped up 17.3 percent to $2.58 a share with the opening bell and climbing to a high of $2.79 a share in choppy trading before pulling back to just under $2.60 by late morning. Shares were moving at a brisk clip, with over 17 million changing hands before noon against an average daily volume of just over 11.5 million.

The fact that the mere announcement of these presentations was enough to spike the stock like this would come as a surprise were it not for the wild March IsoRay just went through. The stock was trading at less than $1 a share until a March 14 article on Seeking Alpha prompted a boot to over $1.10 a share. However, it was five days later on March 19 when shares positively exploded following the announcement that IsoRay’s Cesium-131 brachytherapy had been used to effectively treat an aggressive form of cancer in a pediatric patient.

Since then, IsoRay has seen its volume skyrocket with big price swings on multiple days, including a pullback from 7-year highs after the announcement of a new public offering, then another rebound after the stock appeared to cross over into oversold territory.

The treatment driving IsoRay’s huge month is brachytherapy, or internal radiotherapy, using Cesium-131. It’s a method for radiation treatment of cancer that involves focused radiation through placing the radiation source, in IsoRay’s case a Cesium-131 seed mesh, into the human body surrounding the affected area.

However, beyond the science and fundamentals, it’s important to note that IsoRay appears to have become a popular momentum stock that’s closely watched by traders. Its average daily volume is more than 20 percent of its total float, and the stock’s heavy trading and incredible volatility is precisely what traders on the hunt for a quick play are looking for.

As such, the fact that the 14-day stochastic RSI for IsoRay’s stock had fallen below 0.20 is notable prior to the day’s surge. Stochastic RSI is popular with traders, and a level below 0.20 is traditionally viewed as oversold territory. And, while the 14-day RSI remains relatively high, it’s stayed under 70, the level above which stocks are traditionally viewed as being overbought, since its pull-back started on March 22.

So, with a news item to act as a catalyst and a buy signal from a key technical factor, it appears as though Wall Street’s favorite momentum play has struck again. Investors anticipating another big spike following the presentations at the conference, which takes place this weekend, could be trying to get in ahead of any new data that could be released, and it seems possible this action is getting buoyed by traders who, noting the stochastic RSI and the upward momentum, are jumping onto the big gains.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer


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Results for ISR
Quartermaster
29 Jul 15 13:00:17
$rate $isr shitty
brian sweetheart
29 Jul 15 11:38:52
Voted top trading group. http://t.co/5eVXN8RJLp Related: $ISR $HK $NUGN $OXIS $HL $OIBR $RGSE
Momz Day Trading
29 Jul 15 10:25:17
$iSR on watch
Stock Rocket
29 Jul 15 10:09:01
Intersting article about a new stock pick site. http://t.co/nU3hf3Cf56. Related: $RXMD $ECIG $BRNW $BAA $EBML $ISR
StockTalk
29 Jul 15 10:06:38
$ISR Institutional ownership up 17.5% Q/Q, with 465,542 net purchase
WatchTheFunds
29 Jul 15 10:02:02
$ISR Institutional ownership up 17.5% Q/Q, with 465,542 net purchase http://t.co/lqRBEQQjHb http://t.co/kJXjZrVdvU
DailyStockPicks
29 Jul 15 09:22:42
$OCLS $OCLSW break out up 10% today. Price target of $5 $SHLX $IMAX $TDS $ISR $AEPI $CARA investors read http://t.co/rWpJvFEbwZ
Wall Street
29 Jul 15 06:06:13
The Penny Stock Superstar team voted #1 OTC trading group. http://t.co/cQ0lLTokka Related: $OREX $AGTK $CHGG $ISR $ARRY
Mark Trader
29 Jul 15 05:42:31
100% non-compensated picks at http://t.co/R6BGOmTldH. That is awesome. Related: $GGB $NBS $GDP $FCEL $ISR $OXIS
Wall Street
29 Jul 15 05:39:59
The Penny Stock Superstar team voted #1 OTC trading group. http://t.co/cQ0lLTokka Related: $OREX $AGTK $CHGG $ISR $ARRY
Daily Contracts
28 Jul 15 10:17:07
Real-Time feed of company contracts, original agreements and executive updates from $ISR http://t.co/NocSfuTYy8
Wall Street
28 Jul 15 08:13:03
The Penny Stock Superstar team voted #1 OTC trading group. http://t.co/cQ0lLTokka Related: $OREX $AGTK $CHGG $ISR $ARRY
x54389
28 Jul 15 06:06:48
RE https://t.co/pZN6GnIuHN $ISR SPECULATION-WSJ FACTSET indicates share short interest as of 7/15/2015 was 7,272,679 http://t.co/1BFH6dk6zp
Wall Street
28 Jul 15 06:04:38
The Penny Stock Superstar team voted #1 OTC trading group. http://t.co/cQ0lLTokka Related: $OREX $AGTK $CHGG $ISR $ARRY
Mark Trader
28 Jul 15 05:57:01
100% non-compensated picks at http://t.co/R6BGOmTldH. That is awesome. Related: $GGB $NBS $GDP $FCEL $ISR $OXIS
Sleek Money
28 Jul 15 03:20:36
IsoRay Sees Large Decrease in Short Interest $ISR http://t.co/Ktahe5Kef2
Dakota Financial
28 Jul 15 03:08:51
Short Interest in IsoRay Drops By 0.6% $ISR http://t.co/TRSRKMct0P
Ticker Report
28 Jul 15 02:56:13
Short Interest in IsoRay Drops By 0.6% $ISR http://t.co/17TIM1JNI3
WatchTheFunds
27 Jul 15 23:48:02
$ISR Institutional ownership up 17.5% Q/Q, with 465,542 net purchase http://t.co/lqRBEQQjHb http://t.co/X0pN3Qo9sR
Stocks News&Markets
27 Jul 15 22:20:32
Nate made $2,300 on $ISR -Check it out! http://t.co/2Fx5UOzgDr Learn #howtotrade http://t.co/axK8SMSgo9 $NYMX $MAG $XUE $CYRX $INVT
Jody Sanchez, Prez
27 Jul 15 12:05:31
http://t.co/7ePyRnzIwc Verified $29.01 profit in $ISR Nice win for me. Small account. @super_trades Spent one year in Supe's chatroom. L...
x54389
27 Jul 15 11:50:32
$ISR SPECULATION-IsoRay may have 8,531,237 million shares short as of 7/24. If correct, may represent a 1,217,719 increase from 6/30.
Wall Street
27 Jul 15 06:54:02
The Penny Stock Superstar team voted #1 OTC trading group. http://t.co/cQ0lLTokka Related: $OREX $AGTK $CHGG $ISR $ARRY
Wall Street
27 Jul 15 06:22:35
The Penny Stock Superstar team voted #1 OTC trading group. http://t.co/cQ0lLTokka Related: $OREX $AGTK $CHGG $ISR $ARRY
Mark Trader
27 Jul 15 06:20:58
100% non-compensated picks at http://t.co/R6BGOmTldH. That is awesome. Related: $GGB $NBS $GDP $FCEL $ISR $OXIS
brian sweetheart
26 Jul 15 22:56:19
Voted top trading group. http://t.co/5eVXN8RJLp Related: $ISR $HK $NUGN $OXIS $HL $OIBR $RGSE
brian sweetheart
26 Jul 15 22:43:00
Voted top trading group. http://t.co/5eVXN8RJLp Related: $ISR $HK $NUGN $OXIS $HL $OIBR $RGSE
brian sweetheart
26 Jul 15 06:13:06
Voted top trading group. http://t.co/5eVXN8RJLp Related: $ISR $HK $NUGN $OXIS $HL $OIBR $RGSE
Wall Street
25 Jul 15 22:30:11
The Penny Stock Superstar team voted #1 OTC trading group. http://t.co/cQ0lLTokka Related: $OREX $AGTK $CHGG $ISR $ARRY
Mark Trader
25 Jul 15 22:00:42
100% non-compensated picks at http://t.co/R6BGOmTldH. That is awesome. Related: $GGB $NBS $GDP $FCEL $ISR $OXIS
Wall Street
25 Jul 15 19:39:12
The Penny Stock Superstar team voted #1 OTC trading group. http://t.co/cQ0lLTokka Related: $OREX $AGTK $CHGG $ISR $ARRY
Wall Street
25 Jul 15 19:12:01
The Penny Stock Superstar team voted #1 OTC trading group. http://t.co/cQ0lLTokka Related: $OREX $AGTK $CHGG $ISR $ARRY
Mark Trader
25 Jul 15 18:55:31
100% non-compensated picks at http://t.co/R6BGOmTldH. That is awesome. Related: $GGB $NBS $GDP $FCEL $ISR $OXIS
igor Bracislacislav
25 Jul 15 09:30:16
RT @itsm1chae1: New trading rules for these stocks: $BGMD $AMDA $GBSN $ISR $LOOK http://t.co/H1CQkjDQoN
knucklehead777
24 Jul 15 07:11:34
RT @otcpowerplays: DDCC NEWS: Double Crown Resources Announces International Patent Pending for Translock Squared P $ISR $DDCC $CEO http…
Wall Street
24 Jul 15 06:06:52
The Penny Stock Superstar team voted #1 OTC trading group. http://t.co/cQ0lLTokka Related: $OREX $AGTK $CHGG $ISR $ARRY
Wall Street
24 Jul 15 05:39:35
The Penny Stock Superstar team voted #1 OTC trading group. http://t.co/cQ0lLTokka Related: $OREX $AGTK $CHGG $ISR $ARRY
Mark Trader
24 Jul 15 05:28:40
100% non-compensated picks at http://t.co/R6BGOmTldH. That is awesome. Related: $GGB $NBS $GDP $FCEL $ISR $OXIS
WatchTheFunds
23 Jul 15 16:04:02
$ISR Institutional ownership up 17.5% Q/Q, with 465,542 net purchase http://t.co/lqRBEQQjHb http://t.co/SxdO8020UL
Stocks News&Markets
23 Jul 15 08:20:00
Nate made $3,769 on $ISR -Check it out! http://t.co/dPzVdo6YBF Learn #howtotrade http://t.co/axK8SMSgo9 $ITEK $FTK $UCTT $ASPS $CARA
x54389
23 Jul 15 07:39:59
$ISR - SPECULATION - Note the NITB or No Intention to Buy orders (i.e. Manipulation) have now vanished from Level II http://t.co/NQu8HWhZjq
x54389
23 Jul 15 07:36:16
$ISR SPECULATION - Price may start rising further now as the manipulator has left the building with their NITB's on the BID and ASK
x54389
23 Jul 15 07:28:17
$ISR SPECULATION - Regulators look how brazen the manipulator is with their now 3 possible NITB orders on the BID at 1.38. They took one off
x54389
23 Jul 15 07:16:30
$ISR SPECULATION - Regulators take note of BIDs at 1.38 BATS 73/ BSE 73/ EDGA 1.38/ Y 71 representing 28K shares of possible NITB.
x54389
23 Jul 15 07:08:21
$ISR SPECULATION - Note the 4 Orders on the BID at 1.38 are for separate ECN's & all about the same size = 1 Party making it look like 4.
x54389
23 Jul 15 07:06:34
$ISR SPECULATION - All these BID on BID at 1.38 may be manipulation to drag price down. Oops! The price is rising! http://t.co/hYkEF5Pq5B
howard
23 Jul 15 07:05:17
DDCC NEWS: Double Crown Resources Announces International Patent Pending for Translock Squared P $ISR $DDCC $CEO http://t.co/tsXyvXXWaU
howard
23 Jul 15 07:04:02
DDCC NEWS: Double Crown Resources Announces International Patent Pending for Translock Squared P $ISR $DDCC $CEO http://t.co/OqCoAAQnXh
Mark Trader
23 Jul 15 04:20:01
100% non-compensated picks at http://t.co/R6BGOmTldH. That is awesome. Related: $GGB $NBS $GDP $FCEL $ISR $OXIS
Wall Street
23 Jul 15 04:19:49
The Penny Stock Superstar team voted #1 OTC trading group. http://t.co/cQ0lLTokka Related: $OREX $AGTK $CHGG $ISR $ARRY
				
				
By  +Follow April 1, 2014 6:16AM
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