The share price of Aethlon Medical soared 66% today. AEMD has had some great news as of late. The thing here is that when a stock moves this much, particularly a penny stock, many times these moves do not last long term.
The short term phenomenon of investor excitement along with the positive news could propel the shares to further gains short term. However, even over the next three months, I would urge caution here as I believe shares to be overvalued.
I have no position in AEMD.
The short term phenomenon of investor excitement along with the positive news could propel the shares to further gains short term. However, even over the next three months, I would urge caution here as I believe shares to be overvalued.
I have no position in AEMD.
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