CBBT has an insane history of big bounces...This has been on my watch list for 3 months, waiting on a rinse/repeat setup like this.
It spiked 400% the last week of September (.02 to .0799), then dips back to .0151 for a massive rinse/repeat 556% 2 day run October 9th -Oct 10th (.0151 to .0840), then sloooowly dipped back to .0078 before exploding 538% again, over a 7 day run to .042 on 11/09. This tiny float allows for enormous gains, but the difference this time is that almost all shares are locked up, which will drive the pps MUCH higher. No telling how high we are going, but the buying has NEVER been this strong, so my guess is that this is the run that breaks very recent resistance at .08 area, and likely fills the gap to previous support level from 3 months ago of .11+ Stack on the short covering, and hints at a merger....LOT OF MONEY TO BE MADE HERE $$$$$$$$$$$$$$
