Antares Pharma Inc. (AIS): A breakout

Generally, it is difficult to find good breakouts during the days when the market shows a generalized fall. Yesterday, it was VERY HARD to find one. Our Stock Picks System detect very few breaks and almost none with a good price pattern. It is fair to say that we did not find good breaks down. But overall, it was observed more stocks with declining trends.


One of the few breakouts we found was that of Antares Pharma Inc. (AIS). This stock closed yesterday at US$ 3.13, representing an increase of 5.39%. Its volume was 2.40 Millions of shares, twice what is traded daily. Antares has a market cap. Millions of U.S.$ 324 and an EPS of -0.05. This company has 103.51 Millions of shares, of which 38%is owned by institutional investors.

 Yesterday, the stock made ​​a short-term break. AIS has two of the three elements I always look for a breakout. Good progress has been priced with a high volume. In the case of the third element (the breaking of a good base price), you can custionar qualityexceeded the price base for this stock. This is not a very solid basis from the point of view of its duration.