A great deal of volatility is what determines the performance of Aura Systems Inc. (OTC:AUSI) stock on the market. There has not been a pattern of steady decline or increase in quite some time now. Just sharp spikes and free falls, which rarely last longer than a week. Currently, it is the positive wave. The question is – how long and how high would it go this time?
During the last 6 months, AUSI has managed to keep in price levels between $0.60 and $0.80 per share. This Wednesday, the session closed at the upper limit again with 147 shares exchanging hands. Amidst this recent run, a press release came out which added additional optimism to the already positive development of the stock. Yet, as mentioned, AUSI is no stranger to sharp spikes and free falls and sustainable growth is still a wishful thought. In terms, this means that the stock is quite appealing to speculative short-term investors. It is a fact that a 50% increase or decrease in the share price is a rare thing to see on the stock market, there are still enough opportunities. 
There is, however, risk. A factor not to go overlooked. For once, the balance sheet of the company is not exactly inspirational. The latest financial statement to come is the 10-Q covering a period with an end-date May 31st this year. It includes the following data, among other figures:
- $146k in cash;
- $2.6 million in total current assets;
- $16 million in total current liabilities;
- $393 million in accumulated deficit;
- $951k in revenues;
- $2 million in net loss; [BANNER]
As mentioned, not exactly optimistic. One factor that justifies the volatility in the share price. On the other hand, the second quarter of AUSI for 2011 is already over, so another quarterly statement is to be released soon. What the results in it would be is yet to see, but what is for certain is that another trading hype is coming.
