2NNAN_chart.pngYesterday, NaturalNano, Inc. (OTC:NNAN) made an announcement which sent the company’s stock into the skies. At the end of the session, 132 million shares were traded, which 168 times higher than the daily average.

Needless to say, such a huge trading volume was a the highest in the company’s history. At the end of the day it became clear that 48 million shares were exchanged in short transaction during the day according to the official data form the FINRA website.

The blast was not only in the trading volume, but also in the share price of the company. NNAN finished the session at $0.004, which is 167% higher than the previous close. During the day NNAN hit an intraday high at $0.0065. [BANNER]

Around the middle of the trading day, 7NNAN_logo.gifa stock promoter named Wise Alerts issued a trade alert on the company, noting the huge volume spike and the appreciating stock.

The press release which stirred the market announced that Dr. Michael king of Cornell University would present his recent work today at the Cancer Summit in Washington.

In the coming days NNAN will have to show if it will be able to maintain the higher value of its stock, or it will succumb to price corrections.