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Big Mover; IsoRay Inc. (ISR)

By Warren Paige

Shares of IsoRay Inc. (AMEX: ISR), a developer, manufacturer and seller of isotope-based medical products and devices for the treatment of cancer and other malignant diseases, have risen sharply in trading today.

At last check, ISR shares were trading 20.73% higher at $1.34 on above average volume of 2.56 million. The stock touched an intra-day high of $1.38 in trading today.

ISR this week announced another step forward in international adoption of its GliaSite® radiation therapy system. GliaSite is the world’s only liquid radiation balloon catheter device used in treatment of brain cancers.

ISR this week announced that it shipped its first orders to Germany. Meanwhile, the company continues to receive inquiries for the device.

Dwight Babcock, CEO of IsoRay, said that the medical community is clearly becoming aware of the innovative alternative that GliaSite presents as an important advance over previous brain cancer treatments.

 

July 13th, 2012 | Tags: | Category: Hot MicroCaps

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All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.