1AEMD_chart.pngAethlon Medical, Inc. (OTC:AEMD) has been gaining momentum after it published its last quarterly report.

The company reported $958 thousand in revenue and based on that it later issued an 8-K form to announce it was no longer considered a development-stage company.

The news was stimulating enough to provoke traders to tilt the demand supply balance and push the stock price up by 100%.

In a matter of two trading days, AEMD jumped up from $0.07 to $0.14 on a heavy trading volume. The number of shares which changed hands on the last trading AEMD_logo.jpgsession exceeded 1.7 million, which is one of the highest in the last 52 weeks.

FINRA showed that 541 thousand shares were exchanged in short transactions yesterday. This makes 31% of the whole trading volume.

The share price of AEMD stock is now close to a new 52-week which can give a lot of opportunities for speculation in the coming days.