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tdp2664 Penny Stock Live Adeona Pharmaceuticals Inc. ( AMEX:AEN ) operates as a pharmaceutical company that develops medicines for central nervous systems. It primarily focuses on licensing product candidates that have demonstrated a certain level of clinical efficacy and develop them further to commercial collaboration stage. A recent 157% move from $.49 to $1.26 illustrates why small caps can be so lucrative is you can time the swing right. The market cap is tiny on AEN at $35.44 million and it has a Beta of 2.27 which is right in my wheelhouse. Above all 3 major Moving Averages, the chart below shows how I might try to trade AEN from here. I am long biased on Adeona off either the trendline or the $1 dollar range with
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