[isatrader]

MSTX is a biotech stock which has seen huge spike in interest over the last few weeks with a new 52 week high and over 10x the average volume last week, and 4x the average the week previous. Which translates to around 4x the monthly average and also the largest monthly volume by a long way in the last 10 years.

The stock has been heavily shorted from well over 100 to below 1 - so was priced for going out of business. But this months volume surge (short covering) into a fledgling Stage 2A could see it close the month above the 30 month MA for the first time since 2006.

This is highly speculative, but I think the volume and price action warrants some further research. Attached is the weekly and monthly charts.