Viral Genetics Inc., VRAL (Pink Sheets) is trading up over 30% today on above average volume. News was released by the company yesterday announcing the company received licensing on its patented compound DCA which is used for treating cancer. VRAL opened the day at .0254 and has traded as high as .0335 on explosive volume of 10,500,000 shares traded going into the close on Tuesday.
VRAL has a 52 week range of a low at .01 and a high of .05 with a average daily trading volume of 1.5 million shares traded. VRAL first resistance level is in the .035 area and with a breakthrough at this area the 52 week high of .05 should be the next stop. VRAL website: http://www.viralgenetics.com/