Let me tell you a little story. $CGIX - There are 9 million shares outstanding and 7 million in the float. There are roughly 600,000 shares short making close to a 12 day covering period. John Pappajohn just bought 50,000 shares mid 10's last month. They just bought 2 companies and have contracts with several of the big Pharma's and are expanding big time. Oh yeah...almost forgot...they have over $40 million in cash on the books. Just had teleconference and are expecting break even early to mid next year and have plenty of cash to get them to that point. Starting a position or adding here at $9 is a no brainer imo. She will fly fast imo on any news / when shorts start to cover. Setting up nice here folks!
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