You are here: Home Business Investment Adolor (ADLR) Continues to Soar!

Adolor (ADLR) Continues to Soar!

July 8, 2011 Investment news in West Bloomfield,Michigan, United States of America

Adolor Corporation (ADLR) continued on it's upward move as money pours into the stock.




FOR IMMEDIATE RELEASE
West Bloomfield, Michigan, United States of America (Free-Press-Release.com) July 8, 2011 --

Adolor Corporation's (ADLR) breakout move this week added another 25% to it's stock price. Buyers have been forced to chase this stock up because of the small amount of float available. Joseph Capaldi II, Chief Financial Analyst at Professional Trading stated the move is typical with stocks with a small amounts of outstanding shares. Capaldi first recommended ADLR at $1.11. We saw the base building along with their strong pipeline of drugs. This is not your ordinary drug company, Capaldi says. This company is working on one of a kind drugs and is already making money with their in-hospital pain treatment, ENTEREG®, . Adolor hopes to get approval for out of hospital use with ENTEREG®, which will increase revenues.

Michael J. Fox Foundation for Parkinson's Research awarded Adolor two rounds of funding to support their development of CAMORs for the treatment of LID associated with Parkinson's disease.

Adolor Corporation (ADLR) is a bio-pharmaceutical company focused on the development and commercialization of novel prescription pain and pain-management products. Adolor's mission addresses a simple goal: to provide enhanced relief for the millions of people who suffer from pain each year.

Adolor reach a high of $2.64 today and is still considered a strong buy with tremendous upside.


free-press-release.com Bio Technology     ENTEREG     Michael J. Fox Foundation     ProTSC     Stocks Breakout     stocks new high     strong buy     Undervalued Stock

Share |


Contact Information

  • Name: Joseph P. Capaldi II

    Company: Professional Trading Systems Corporation

    Email: ***@gmail.com


  • About the author

    Joseph P. Capaldi II is Chief Financial Analyst at Professional Trading Systems Corporation.



Upcoming Trade ShowNew Press NewsNew Exclusive News More Press News

  • AITF + SSTT When: 2012.05.30~2012.06.01
    Where: Lille,France
    Industry:
  • SUBCONIST When: 2012.05.30~2012.06.02
    Where: Istanbul,Turkey
    Industry:
  • AllgäuSchau Memmingen When: 2012.05.30~2012.06.02
    Where: Memmingen,Germany
    Industry:


  • Post your news to the World.See you news here immediately. It's easy and free!
    Create free account or Login.