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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.


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Results for ISR
Tomorrows Bluechips
21 Oct 14 11:17:18
RT @otcaddict: http://t.co/K3syqH9dSH $pbio pressure biosciences ceo video interview $rgdo $nbix $sgmo $cndo $isr $bdx $tmo #biotech #stoc…
Pressure BioSciences
21 Oct 14 11:06:29
RT @otcaddict: http://t.co/K3syqH9dSH $pbio pressure biosciences ceo video interview $rgdo $nbix $sgmo $cndo $isr $bdx $tmo #biotech #stoc…
OTCADDICT
21 Oct 14 10:53:49
http://t.co/K3syqH9dSH $pbio pressure biosciences ceo video interview $rgdo $nbix $sgmo $cndo $isr $bdx $tmo #biotech #stocks $isrg
Stocks News&Markets
20 Oct 14 16:20:40
Nate made $1,172 on $ISR -Check it out! http://t.co/1WYLBzNGQM Learn #howtotrade http://t.co/axK8SMSgo9 $NRZ $SCOK $ESI $EDMC $SHLD
Delano
20 Oct 14 15:33:14
@BigMoneyUp what does Organovo have to do with $ISR?
Big Money
20 Oct 14 08:35:23
ALL NEW TO $ISR please be aware of the info!!!! http://t.co/RGtTE3UNf4
BsiflingTrades
20 Oct 14 08:33:09
RT @sbastrade: $ISR buyer
Gilly
20 Oct 14 08:32:54
btw $ISR on watch off bottom
sbastrade
20 Oct 14 08:28:42
$ISR buyer
MrsGAttitude
20 Oct 14 04:33:59
$ISR on top high volume in premarket
OTCADDICT
18 Oct 14 12:51:08
RT @AllPUMPnodump: http://t.co/IMbaS4s9QZ $pbio pressure biosciences ceo video interview $rgdo $nbix $sgmo $cndo $isr $bdx $tmo #biotech #…
Tomorrows Bluechips
18 Oct 14 12:50:34
RT @AllPUMPnodump: http://t.co/IMbaS4s9QZ $pbio pressure biosciences ceo video interview $rgdo $nbix $sgmo $cndo $isr $bdx $tmo #biotech #…
Stocks News&Markets
18 Oct 14 11:21:09
Nate made $1,172 on $ISR -Check it out! http://t.co/dvkyqRlVDO Learn #howtotrade http://t.co/axK8SMSgo9 $IBIO $ESI $GAB.R $OXF $GBR
Larrie Alessandone
17 Oct 14 20:17:34
$ISR Isoray Institutional Ownership Now Stands At 16% An Increase Of 10% Over Last Quarter http://t,co/sJ2FGoll3Y
Yarom Nisard
17 Oct 14 19:53:38
$ISR Isoray Institutional Ownership Now Stands At 16% An Increase Of 10% Over Last Quarter http://t,co/sJ2FGoll3Y
Large Void Bot
17 Oct 14 08:06:11
11:06 Pops: $ISR +3.7%
jtrudeau
17 Oct 14 03:40:55
RT @DDRANTE: $INDU Dow Jones 10/17/14 one of many BEST dys from a blistering week @wlstrt $JRJC $JD $TOUR $JMEI $NWBO $VSR $ELTP $ISR $IP…
Pheakdei Mangan
17 Oct 14 01:36:06
$ISR next technical leg brewing??? http://t.co/29RdPtQMGh
Stephen s
16 Oct 14 22:34:58
RT @DDRANTE: $INDU Dow Jones 10/17/14 one of many BEST dys from a blistering week @wlstrt $JRJC $JD $TOUR $JMEI $NWBO $VSR $ELTP $ISR $IP…
BUD RANTE
16 Oct 14 22:00:56
$INDU Dow Jones 10/17/14 one of many BEST dys from a blistering week @wlstrt $JRJC $JD $TOUR $JMEI $NWBO $VSR $ELTP $ISR $IPCI Spec $MYEC
Jimmy Gartman
16 Oct 14 17:19:08
$DRYS, $ZNGA, $ HK, $HERO, $EOX, $WRES, $MPO, $RTK, $DNDN, $SOL, $STEM, $NOR, $DSU, $TXMD, $AEZS, $ISR, $MILL, $NAVB, $DRWI Nice bottom
GamblingMan
16 Oct 14 16:13:11
RT @BuyersStrike: All you need to know about $IBIO, courtesy of YahooFinance: "People viewing $IBIO also viewed:$AIS $ARNA $ISR $KERX $BPAX…
BuyersStrike
16 Oct 14 16:12:08
All you need to know about $IBIO, courtesy of YahooFinance: "People viewing $IBIO also viewed:$AIS $ARNA $ISR $KERX $BPAX $GALE "
BioInvestor
16 Oct 14 15:26:38
$OXGN & Billionaire Kenneth Dart, Eastern Capital  Spekulation ongoing !! $GSK $NVS $RHHBY $AVS $PFE $TKMR $IBIO $ISR $INO $DNDN
BioInvestor
16 Oct 14 13:52:31
@BioInvestor2013 Bioinvest expect here more than 300 % gain !! Lemtrada rights from Sanofi will be approved !!! $CPRX $RNN $ISR $IBIO
Biggest Madz Fann
16 Oct 14 12:06:06
$ISR is your friend! $VSR $LAKE $APT all crashing! Recovery option is $ISR
Steve Feffer
16 Oct 14 11:49:17
$ISR CT-order (Confidential treatment order) filed yesterday
Biggest Madz Fann
16 Oct 14 11:29:57
$ISR next!! Peruvian girl's success is going to be positive! $VSR not enough margin!
Stockchartz
16 Oct 14 08:24:35
ospreyeye: $ISR: bouncing today..................$$$ http://t.co/PNhxWrUIc2
Billy D.
16 Oct 14 07:57:20
$ISR off lows
BUD RANTE
16 Oct 14 07:57:18
$JRJC @DDRANTE Perfect setup as expected$$$$$ $JD $JMEI $TOUR $NWBO $VSR $ELTP $IPCI $ISR ....Many more Special $MYEC Courage DDRANTE
sbastrade
16 Oct 14 07:51:47
$ISR buyer
Daily Contracts
15 Oct 14 13:23:02
Real-Time feed of company contracts, original agreements and executive updates from Isoray $ISR http://t.co/56iExiHB4O
StockNews
15 Oct 14 12:07:24
$ISR - Confidential Treatment Order (ct Order) http://t.co/wmPBZk0jgt
Pzaa...Guy
15 Oct 14 12:07:23
$ISR - Confidential Treatment Order (ct Order) http://t.co/0m2ygTIWMj
Stocks News&Markets
15 Oct 14 12:07:19
$ISR - Confidential Treatment Order (ct Order) http://t.co/15IUb8ByaE
NASDAQ
15 Oct 14 12:07:14
$ISR - Confidential Treatment Order (ct Order) http://t.co/jePkuX8Znb
Biggest Madz Fann
15 Oct 14 11:56:21
$VSR great buy! $ISR is next!
AllPUMPnodump
15 Oct 14 09:35:30
http://t.co/IMbaS4s9QZ $pbio pressure biosciences ceo video interview $rgdo $nbix $sgmo $cndo $isr $bdx $tmo #biotech #stocks $isrg
Stocks News&Markets
15 Oct 14 08:20:48
Nate made $1,172 on $ISR -Check it out! http://t.co/dvkyqRlVDO Learn #howtotrade http://t.co/axK8SMSgo9 $CNET $NLST $FREE $SSY $STRP
Stockchartz
15 Oct 14 07:44:12
ospreyeye: $ISR: forming a green candle today for the http://t.co/yTDb75Bljl
Viral Pennies
15 Oct 14 05:15:14
RT @BidWackAskSlap: http://t.co/8s0Zu8ZfsL $pbio pressure biosciences ceo video interview $rgdo $nbix $sgmo $cndo $isr $bdx $tmo #biotech …
TRADINGPENNYSTOCKS
15 Oct 14 05:14:18
RT @BidWackAskSlap: http://t.co/8s0Zu8ZfsL $pbio pressure biosciences ceo video interview $rgdo $nbix $sgmo $cndo $isr $bdx $tmo #biotech …
pennystock seeker
15 Oct 14 05:13:40
RT @BidWackAskSlap: http://t.co/8s0Zu8ZfsL $pbio pressure biosciences ceo video interview $rgdo $nbix $sgmo $cndo $isr $bdx $tmo #biotech …
Dagger Hook Trader
15 Oct 14 05:12:58
RT @BidWackAskSlap: http://t.co/8s0Zu8ZfsL $pbio pressure biosciences ceo video interview $rgdo $nbix $sgmo $cndo $isr $bdx $tmo #biotech …
hotstocks daily
15 Oct 14 05:12:08
RT @BidWackAskSlap: http://t.co/8s0Zu8ZfsL $pbio pressure biosciences ceo video interview $rgdo $nbix $sgmo $cndo $isr $bdx $tmo #biotech …
sharesinplay
15 Oct 14 05:11:23
RT @BidWackAskSlap: http://t.co/8s0Zu8ZfsL $pbio pressure biosciences ceo video interview $rgdo $nbix $sgmo $cndo $isr $bdx $tmo #biotech …
AllPUMPnodump
15 Oct 14 05:10:28
RT @BidWackAskSlap: http://t.co/8s0Zu8ZfsL $pbio pressure biosciences ceo video interview $rgdo $nbix $sgmo $cndo $isr $bdx $tmo #biotech …
Ragingbull alerts
15 Oct 14 05:09:39
RT @BidWackAskSlap: http://t.co/8s0Zu8ZfsL $pbio pressure biosciences ceo video interview $rgdo $nbix $sgmo $cndo $isr $bdx $tmo #biotech …
SexyStocks
15 Oct 14 05:08:48
RT @BidWackAskSlap: http://t.co/8s0Zu8ZfsL $pbio pressure biosciences ceo video interview $rgdo $nbix $sgmo $cndo $isr $bdx $tmo #biotech …
				
				
By  +Follow April 1, 2014 6:16AM
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