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Pull out a chart of ALE.

Note the 17.5 MILLION traded on Thursday / Friday last week.

This two day volume is similar to the turnover in ALE for the past 12 MONTHS COMBINED.

ALEs sharp breakout last week could see it move to the next point of resistance at 12c very soon. General Meeting to be held at the end of December to approve the acquisition of Australia’s largest and most successful private stem cell collection company.

Post acquisition ALE will have enormous growth potential as a pioneering biotech company in the stem cell field. Or at least the buyer of $1,000,000 worth of ALE last week must think so! The biotech subsidiary is already PROFITABLE and CASHFLOW POSITIVE. This is not at all common for such a small biotech company.

Traders watch out for big action in ALE this week.

Nobody buys 17.5 MILLION shares for no reason.