Dallas, TX - WePickPennyStocks.com is pleased to alert investors of stocks on the move.

Yesterday, Elron Electronic Industries Ltd. Announced  that further to it previous announcement on July 28, 2009, Medingo Ltd., a group company held 92% by Elron and its subsidiary, RDC – Rafael Development Corporation Ltd., has received formal clearance from the Food and Drug Administration ("FDA"), to market its Solo™ MicroPump Insulin Delivery System in the United States.

 After touching an intraday high of $8.43 in an opening trade, the Stock is currently trading at $7.75 moved up about 67% on over 1.98 million shares. In the last 52-week, the stock has been trading within a range of $1.05-$8.43.

About Elron Electronic Industries Ltd.

Elron Electronic Industries Ltd. (Elron) is a technology operational holding company that operates through its group companies. The Company is engaged primarily in the fields of medical devices, information communications, technology, semiconductors and clean technology.

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