If you look at the chart performance of AtheroNova Inc. (OTC:AHRO) you will notice that AHRO stock has more or less remained stable for the last couple of months. Which, of course, has not prevented third parties from keeping their eyes wide open on AHRO stock.
Last Friday, AHRO closed at $1.49 per share, thus losing 3.25% in value. As many as 9,200 shares of common AHRO stock changed hands, i.e slightly below the average daily trading volume of 11,250.
Although we only received a free follow-up alert on AHRO stock yesterday, the latter has already been subject to two paid promotions since the beginning of the month totalling $25 thousand. First, a third party paid $20 thousand to boost the value of AHRO shares on Dec. 2. As it turned out, AHRO went down 2.76% on a turnover of 9,200. Three days later, i.e on Dec. 5, an unknown party invested $5 thousand to raise awareness about AHRO on the market. Subsequently, AHRO gained 6.38%, shifting 7,580 shares.
As it is, in spite of the latest promotional efforts, AHRO stock has been putting on a fairly consistent market performance allowing for limited fluctuations. On the one hand, this turns AHRO into an attractive investment for most risk-averse traders. On the other hand, however, risk lovers will most probably give AHRO a miss as long as it fails to live up to their expectations.