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cheynew

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cheynew

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Sunday, 06/30/2019 8:23:45 AM

Sunday, June 30, 2019 8:23:45 AM

Post# of 346071
I’ve been reading reviews of CDMO’s earnings report and just got a good laugh from one who gave a reason for NOT owning it.....because it isn’t one of the 30 top stocks held by hedge funds. I see on stock twits there are a number of bears pointing out it dropped below the 50 sma on May 19, a bearish sign. No mention of Friday clearing both the 200 and 50 by wide margins. 50=4.07 and 200=4.63. I’m not saying we will never see those points again, but it seems they are stretching to find reasons to sell here. More short covering to come or not?

Anyone know what target Steve Schwartz has for CDMO?
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