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Scancell Holdings (SCLP): Ultra Positive Consolidation

By Zak Mir | Sunday 9 June 2013


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Once again with a minnow stock we are looking to see when the second leg of a near vertical spike some months ago will resume. In the case of Scancell it would appear that such a move is imminent given that there have already been more than eight months of consolidation of a move from under 10p to over 60p in the June to October 2012 period.


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