A Volatile Test For Allied Healthcare Corp. (NASDAQ:AHPI)
Allied Healthcare Products Inc. (NASDAQ:AHPI) isn’t a well known pharmaceutical company, not by a long shot. What it is for its sector, however, is one of the biggest “advancers,” that is to say, attention grabbers, in the last week or two. Since the last weeks of September, fears of Ebola have plagued the US and many entrepreneurs and companies have attempted to capitalize on this.
APHI isn’t a so-called Ebola stock per se, and doesn’t have the habit to publicize things – there have been no press releases from the management since February. Yet this hasn’t stopped the share price from registering huge upticks and wild swings in both directions now when it seems the terror is bigger than ever.
The question is, how long will that continue?
There have even been big “Ebola gainers” from some of the smallest companies out there (e.g. Corgenix Medical Corp (OTCMKTS:CONX)) let alone from bigger stocks. How long can this attention last when there are price accessible companies like iBio Inc (NYSEMKT:IBIO) and Lakeland Industries Inc. (NASDAQ:LAKE) who, figuratively speaking, seem to suck out a lot more spotlight than the rest?
The answer to this isn’t readily apparent, but it seems the market has begun to appreciate AHPI‘s emergency medical products. To learn further details, watch our latest video article.
