A huge move up and then a huge move down today grabbed my attention so I looked into this one a little more and thought I would start a thread on it. I'm actually excited about this one and bought 1000 shares today @ .48 just before the market closed. Hopefully this is just a starter position and I will add some more as it goes up
The one year price target on Yahoo is 9.00 but take that with a grain of salt and some water Still interesting that its that high.
Average volume is only around 165,000 but todays volume was 2.93 million. Keep an eye on this one and it might make you some green.
About Arrowhead Research Corporation
Arrowhead Research Corporation (Arrowhead Research Corporation) (NASDAQ: ARWR - News) is a nanotechnology company commercializing new technologies in the areas of life sciences, electronics, and energy. Arrowhead is seeking to build value for shareholders through the progress of majority owned subsidiaries. Currently, Arrowhead has four subsidiaries commercializing nanotech products and applications and minority investments in two privately held nanobiotech companies
SHARE STRUCTURE:
ARWR is traded on the Nasdaq.
Shares (Millions) 42.935
Float (Millions) 41.927
52-Week Low (03/03/09) .36
52-Week High (07/02/08) 2.82
Misc. Info and News:
6-23-09
Cerulean Pharma Inc. Announces License Agreement with Calando Pharmaceuticals, Inc., a Subsidiary of Arrowhead Research Corporation - Yahoo! Finance
5-27-09
Summary of ARROWHEAD RESEARCH CORP - Yahoo! Finance