Cyclacel Pharmaceutical Inc (CYCC)

[BAMF1984]

This is just an opinion, but I think it's gonna stay hunkered down just above a dollar through Monday. According to what's been made public, one broker is handling the public offering. Since it started, there have hardly been 5,000,000 shares traded in total, let alone 10,000,000 to be sold via the campaign. They have through Monday to sell the rest. So, is that broker stuck with the unsold balance of shares @ $1.00/share? Real question there, I'm no legal expert. If that's the case, they'll have incentive to drop them into the system at a slow enough rate that the pps stays above $1. Now the $1 price tag was at discount to previous day's trading. Two weeks ago, this topped out at $2.13. Made me good money since I've been in since .63. Still have some shares from that initial buy, but have averaged up since then. My opinion, it's going to bounce to the $1.30s this week, and the $1.50s next week. With more news, much higher.