Vericel Corp. (VCEL)

[commoncentsinvestor]

"that can be the only reason its not moving up. "

I think it is not moving up because there are those who don't want it to move up right now. I have previously pointed out the odd way the shares trade. Today is another good example.

Right now on Level II there are 108,000 shares on the bid @ $2.95 and 54,000 shares on the ask at $3. Over the last couple of weeks it has been common to see a 2 to 1 or more ratio like this. When this is the case for most stocks, the shares move up. Not so with VCEL. Every time the ask price is hit, even in volume, it will be knocked back to the bid price with a small amount of shares.

Pretty obvious that the price is being controlled by those with the power to do so. Usually the reason for this is that someone is very interested in accumulating as many shares as possible at these prices. If that is the case, it is frustrating right now but a good sign for the future. Those with the where-with-all to play the same game can profit from situations like this.